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QUSDT liquidation cascade on November 2, 2026

QUSDT fell 13.3% at its peak, then round-tripped to finish 4.2% below its recorded baseline.

Investigate QUSDT →Research the setup at 08:00 UTC →Arm this alert →Current Q liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-13.3%
Net move
-4.2%
Reported liquidations
$261K
Largest liquidation
$5K
Duration
20h 56m
Volume
$48.4M
Liquidation cascadeBinance
11-02 02:46 to 11-03 10:10 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-11-03 10:00 UTC.

Key moments

Times in UTC. Select one 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 · $10K shorts reported liquidated · $189K longs reported liquidated · contract OI +7.7% · -13.3%Large rejecting wick3.2% of closePattern breakdouble top · 89%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $20KRange brokenDownward move · reference $0.02591 · trades 1.0×, volume 1.6× (5m average / prior 60m median) · known at 18:24:00 UTC close · $0.02589Back inside the broken rangeDownward move · reference $0.02591 · trades 0.9×, volume 1.3× (5m average / prior 60m median) · known at 18:25:00 UTC close · $0.02597
6 more momentsLow$0.02493After the extremeRetrospective phase · $35K shorts reported liquidated · $27K longs reported liquidated · contract OI -12.5% · +10.5%Flash move+6.6%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $25KVolume climax$1.7MOI peak$11.6M

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 0.81 of 1longs liquidated 83%liquidations $261Kchart pattern confirmed

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: 2026-11-02T08:00:00.000Z to 2026-11-03T04:56:00.000Z.
  • Recorded baseline: $0.02874. High: $0.02995. End: $0.02754.
  • Detected Nov 2, 2026 · 22:50 UTC. Episode baseline $0.02874 at Nov 2, 2026 · 08:00 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
Recorded streams
Order book (L2)1.7MTrades / tape211KLiquidations403Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.3K
What you will see
  1. QUSDT fell 13.3% at its peak, then round-tripped to finish 4.2% below its recorded baseline. The event lasted 20h 56m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $261K liquidated, largest reported liquidation $5K.
  4. Capitulation wick of 3.2% at 12:31 UTC.
  5. Open interest peaked at $11.6M (22:54 UTC) before the unwind.
  6. A double top broke out at 13:03 UTC (89% confidence).