SPAFrom

SPACEUSDT liquidation cascade on June 11, 2026

SPACEUSDT fell as much as 31.4% and finished 17.3% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-31.4%
Net move
-17.3%
Reported liquidations
$286K
Largest liquidation
$9K
Duration
4h 30m
Volume
$48.7M
Liquidation cascadeBinance
06-11 11:12 to 06-11 17:57 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-06-11 17:45 UTC.

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 0.73 of 1longs liquidated 73%liquidations $286K

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: 2026-06-11T12:20:17.573Z to 2026-06-11T16:50:17.573Z.
  • Recorded baseline: $0.0098. High: $0.009979. End: $0.0081.
  • 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)516KTrades / tape376KLiquidations281Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots271
What you will see
  1. SPACEUSDT fell as much as 31.4% and finished 17.3% below its recorded baseline. The event lasted 4h 30m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $286K liquidated, largest reported liquidation $9K.
  4. First reported liquidation in this archive at 12:21 UTC, longs liquidated.
  5. Capitulation wick of 6.0% at 12:55 UTC.
  6. Open interest peaked at $5.0M (12:48 UTC) before the unwind.
  7. Clawed back half of the move by 14:24 UTC.