SAGFrom

SAGAUSDT liquidation cascade on September 26, 2026

SAGAUSDT fell as much as 21.0% and finished 13.6% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-21.0%
Net move
-13.6%
Reported liquidations
$495K
Largest liquidation
$8K
Duration
48h
Volume
$132M
Liquidation cascadeBinance
09-26 09:18 to 09-29 09:18 UTC, including time outside the archive window · 30m candlesLow $0.02488 · high $0.03518
Key moments Modelled liquidation zones as of 09:05 UTC. Candle-based estimates, not observed liquidation orders.

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 0.84 of 1longs liquidated 84%liquidations $495K

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: 2026-09-26T21:18:00.000Z to 2026-09-28T21:18:00.000Z.
  • Recorded baseline: $0.03148. High: $0.03313. End: $0.02721.
  • Detected Sep 24, 2026 · 21:18 UTC. Episode baseline $0.04292 at Sep 24, 2026 · 17:31 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)3.9MTrades / tape2.0MLiquidations775Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. SAGAUSDT fell as much as 21.0% and finished 13.6% below its recorded baseline. The event lasted 48h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $495K liquidated, largest reported liquidation $8K.
  4. First reported liquidation in this archive at 21:18 UTC, longs liquidated.
  5. Capitulation wick of 3.6% at 06:45 UTC.