SOXLUSDTLiquidation cascadeJUN 9, 2026 · 12:20 UTC · BINANCEFSOXLUSDT fell 21.9% intraperiod, then round-tripped to finish 0.4% below its starting price.
Liquidation cascade
PEAK-21.9%SOXLUSDT · BINANCEF · 15MWHY THIS LABEL
confidence 0.82longs liquidated 82%liquidations $4.3M
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 21.9% intraperiod, then round-tripped to finish 0.4% below its starting price. The event lasted 8h 1m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $4.3M liquidated, largest single fill $253K.
- First forced-sell at 12:23 UTC, shorts liquidated.
- Open interest peaked at $39.0M (17:02 UTC) before the unwind.
- Funding hit extreme (positive) at 16:34 UTC (+0.051%).
- Clawed back half of the move by 18:25 UTC.
KEY MOMENTS
12:23 UTCFirst forced-sellshorts liquidated · $9▶ REPLAY16:34 UTCFunding hit extreme (positive)+0.051%▶ REPLAY16:35 UTCLow$157.72▶ REPLAY17:02 UTCOI peak$39.0M▶ REPLAY17:20 UTCVolume climax$20.3M▶ REPLAY18:25 UTCRecovered half50% retraced▶ REPLAY19:19 UTCLargest liquidationlongs liquidated · $253K▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
