← Events / SOXLUSDT / CascadePERMALINK 20260605_201628_SOXLUSDT
SOXSOXLUSDTLiquidation cascadeJUN 5, 2026 · 10:16 UTC · BINANCEF

SOXLUSDT fell as much as 33.4% and finished 30.8% below its starting price.

Liquidation cascade
PEAK-33.4%SOXLUSDT · BINANCEF · 15M
WHY 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
  1. SOXLUSDT fell as much as 33.4% and finished 30.8% below its starting price. The event lasted 12h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $3.1M liquidated, largest single fill $251K.
  4. First forced-sell at 11:40 UTC, longs liquidated.
  5. Open interest peaked at $27.9M (19:28 UTC) before the unwind.
  6. Funding hit extreme (positive) at 16:41 UTC (+0.050%).