From
SOLUSDT liquidation cascade on October 8, 2026
SOLUSDT fell as much as 9.2% and finished 5.2% below its recorded baseline.
Free replays cover the last 7 days and selected events.
- Peak move
- -9.2%
- Net move
- -5.2%
- Reported liquidations
- $35.0M
- Largest liquidation
- $1.9M
- Duration
- 53h 31m
- Volume
- $5.17B
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.6 more moments
Range break with expanding participationDownward move · reference $106.78 · trades 3.2×, volume 5.0× (5m average / prior 60m median) · known at 17:27:00 UTC close · $105.7Low$105.61Range brokenDownward move · reference $106.78 · trades 3.2×, volume 5.0× (5m average / prior 60m median) · known at 17:27:00 UTC close · $105.7After the extremeRetrospective phase · $4.5M shorts reported liquidated · $1.0M longs reported liquidated · contract OI -1.0% · +4.3%Back inside the broken rangeDownward move · reference $106.78 · trades 1.6×, volume 1.8× (5m average / prior 60m median) · known at 17:32:00 UTC close · $106.8Largest short-liquidation minuteReported total over one minute; selected retrospectively · $983KResearch 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 0.78 of 1longs liquidated 86%liquidations $35.0Mchart pattern confirmed
Other SOLUSDT events
Examples, not a historical success rate.
Volatility spikePeak +2.1%Short squeezePeak +1.7%Volatility spikePeak -0.5%Browse all SOLUSDT events →Similar events in other markets
2 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
STRKUSDT squeezePeak +140.8%ADAUSDT cascadePeak -12.8%More like this
QNTUSDT cascadePeak -23.3%MINAUSDT cascadePeak -53.8%USUSDT cascadePeak -49.1%More liquidation cascade events →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: 2026-10-08T00:16:00.000Z to 2026-10-10T05:47:00.000Z.
- Recorded baseline: $116.29. High: $116.75. End: $110.19.
- Detected Oct 9, 2026 · 00:03 UTC. Episode baseline $116.29 at Oct 8, 2026 · 00:16 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.
What the replay includes
Recorded streams
Order book (L2)8.3MTrades / tape1.8MLiquidations1.6KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
- SOLUSDT fell as much as 9.2% and finished 5.2% below its recorded baseline. The event lasted 53h 31m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- Moved with 2 other symbols in the same window: possible contagion.
- $35.0M liquidated, largest reported liquidation $1.9M.
- A double bottom broke out at 04:55 UTC (91% confidence).
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