SKYFrom

SKYAIUSDT liquidation cascade on April 20, 2026

SKYAIUSDT fell 56.2% at its peak, then reversed to finish 0.2% above its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-56.2%
Net move
+0.2%
Reported liquidations
$2.1M
Largest liquidation
$903K
Duration
4h 30m
Volume
$178M
Liquidation cascadeBinance
04-20 06:34 to 04-20 13:19 UTC, including time outside the archive window · 5m candlesLow $0.07185 · high $0.19253
Key moments Modelled liquidation zones as of 13:05 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 $2.1M

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: 2026-04-20T07:42:25.611Z to 2026-04-20T12:12:25.612Z.
  • Recorded baseline: $0.1642. High: $0.19253. End: $0.1646.
  • 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)295KTrades / tape462KLiquidations570Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. SKYAIUSDT fell 56.2% at its peak, then reversed to finish 0.2% above its recorded baseline. The event lasted 4h 30m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $2.1M liquidated, largest reported liquidation $903K.
  4. First reported liquidation in this archive at 07:59 UTC, longs liquidated.
  5. $999K force-liquidated in about a minute from 08:40 UTC.
  6. Capitulation wick of 40.6% at 08:40 UTC.
  7. Funding hit extreme (positive) at 10:25 UTC (+0.050%).
  8. Clawed back half of the move by 08:45 UTC.