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QUSDT volatility spike on October 27, 2026

QUSDT fell as much as 76.4% and finished 70.5% below its recorded baseline.

Investigate QUSDT →Research the setup at 00:27 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 27 00:29 to Oct 28 11:16 UTC, the main stretch of the move.

Peak move
-76.4%
Net move
-70.5%
Reported liquidations
$6.1M
Largest liquidation
$21K
Duration
53h 34m
Volume
$1.26B
Volatility spikeBinance
10-26 11:03 to 10-29 19:24 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-29 19:10 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 · $1.8M shorts reported liquidated · $2.5M longs reported liquidated · contract OI +12.8% · -76.4%
Funding flipped positive+0.005%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $100KLargest liquidationshorts liquidated · $21KLarge rejecting wick8.6% of closeLargest long-liquidation minuteReported total over one minute; selected retrospectively · $123K
6 more momentsRange brokenDownward move · reference $0.05364 · trades 2.4×, volume 3.2× (5m average / prior 60m median) · known at 03:33:00 UTC close · $0.05287Range break with expanding participationDownward move · reference $0.05364 · trades 3.6×, volume 4.2× (5m average / prior 60m median) · known at 03:35:00 UTC close · $0.05309Low$0.04756After the extremeRetrospective phase · $838K shorts reported liquidated · $937K longs reported liquidated · contract OI -2.0% · +25.1%Flash move-16.6%Volume climax$4.1M

Research markers

Why the volatility spike label?

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

No cause signal cleared the confidence threshold in this window; labelled by price shape only.

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: 2026-10-27T00:29:00.000Z to 2026-10-28T11:16:00.000Z.
  • Event window: 2026-10-27T00:27:00.000Z to 2026-10-29T06:01:00.000Z. The figures on this page cover the whole event; the replay was trimmed to the main stretch of the move.
  • Recorded baseline: $0.201593. High: $0.236013. End: $0.0595.
  • Detected Oct 29, 2026 · 00:01 UTC. Episode baseline $0.2016 at Oct 27, 2026 · 00:27 UTC.
  • The volatility spike 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 27 00:29 to Oct 28 11:16 UTC, the main stretch of the move. The figures above cover the whole event.

Recorded streams
Order book (L2)4.4MTrades / tape14.0MLiquidations3.2KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots2.1K
What you will see
  1. QUSDT fell as much as 76.4% and finished 70.5% below its recorded baseline. The event lasted 53h 34m.
  2. $6.1M liquidated, largest reported liquidation $21K.
  3. Capitulation wick of 8.6% at 06:32 UTC.
  4. Funding flipped positive at 01:37 UTC (+0.005%).
  5. No cause was auto-detected for this move; replay the order book and tape to read it yourself.