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QUSDT liquidation cascade on October 30, 2026

QUSDT fell as much as 44.4% and finished 30.1% below its recorded baseline.

Investigate QUSDT →Research the setup at 22:23 UTC →Arm this alert →Current Q liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

The replay covers Oct 30 22:26 to Oct 31 09:12 UTC, the main stretch of the move.

Peak move
-44.4%
Net move
-30.1%
Reported liquidations
$690K
Largest liquidation
$12K
Duration
16h 28m
Volume
$146M
Liquidation cascadeBinance
10-30 18:16 to 10-31 18:58 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-31 18:45 UTC.

Key moments

Times in UTC. Select one inside the replay window to replay from that minute. Phase totals and extremes are retrospective; sequence details show when the closed-minute reading was known.
Fall to the lowRetrospective phase · $43K shorts reported liquidated · $376K longs reported liquidated · contract OI +25.8% · -44.4%
Volume climax$2.3MLargest liquidationlongs liquidated · $12KFunding flipped negative-0.006%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $31KLarge rejecting wick4.9% of close
6 more momentsRange brokenDownward move · reference $0.02862 · trades 1.1×, volume 1.0× (5m average / prior 60m median) · known at 03:00:00 UTC close · $0.02849Back inside the broken rangeDownward move · reference $0.02862 · trades 1.1×, volume 1.2× (5m average / prior 60m median) · known at 03:01:00 UTC close · $0.02883Low$0.0262After the extremeRetrospective phase · $123K shorts reported liquidated · $148K longs reported liquidated · contract OI +2.9% · +25.8%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $14KFlash move+8.3%

Research markers

Why the liquidation cascade label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.76 of 1longs liquidated 76%liquidations $690K

How these numbers are measured

Peak and net moves start from the recorded baseline, which can differ from the replay's first price.

Liquidations are reported venue snapshots; orders a venue left out are not rebuilt.

Exact definitions
  • Replay window: 2026-10-30T22:26:00.000Z to 2026-10-31T09:12:00.000Z.
  • Event window: 2026-10-30T22:23:00.000Z to 2026-10-31T14:51:00.000Z. The figures on this page cover the whole event; the replay was trimmed to the main stretch of the move.
  • Recorded baseline: $0.04714. High: $0.05. End: $0.03297.
  • Detected Oct 31, 2026 · 09:27 UTC. Episode baseline $0.04714 at Oct 30, 2026 · 22:23 UTC.
  • The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
  • Price-extreme and wick times mark the source candle, not the exact tick.
Data provenance and methodology →
What the replay includes

The replay covers Oct 30 22:26 to Oct 31 09:12 UTC, the main stretch of the move. The figures above cover the whole event.

Recorded streams
Order book (L2)1.3MTrades / tape746KLiquidations834Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots647
What you will see
  1. QUSDT fell as much as 44.4% and finished 30.1% below its recorded baseline. The event lasted 16h 28m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $690K liquidated, largest reported liquidation $12K.
  4. Capitulation wick of 4.9% at 02:46 UTC.
  5. Funding flipped negative at 01:48 UTC (-0.006%).