SOXLUSDT fell as much as 33.4% and finished 30.8% below its starting price.
Liquidation cascade
PEAK-33.4%SOXLUSDT · BINANCEF · 15MWHY THIS LABEL
confidence 0.98longs liquidated 98%liquidations $3.1M
HOW THIS EVENT IS MEASURED
Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
Data provenance and methodology →WHAT YOU'LL SEE IN THE REPLAY
- SOXLUSDT fell as much as 33.4% and finished 30.8% below its starting price. The event lasted 12h.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $3.1M liquidated, largest single fill $251K.
- First forced-sell at 11:40 UTC, longs liquidated.
- Open interest peaked at $27.9M (19:28 UTC) before the unwind.
- Funding hit extreme (positive) at 16:41 UTC (+0.050%).
KEY MOMENTS
11:40 UTCFirst forced-selllongs liquidated · $6K▶ REPLAY13:30 UTCVolume climax$13.1M▶ REPLAY16:41 UTCFunding hit extreme (positive)+0.050%▶ REPLAY18:47 UTCLargest liquidationlongs liquidated · $251K▶ REPLAY19:28 UTCOI peak$27.9M▶ REPLAY20:30 UTCLow$174.03▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK