edgedepthEARLY ACCESSSign in
Menu
Terminal
Recent moves
ResearchResearch hubResearch WorkbenchInvestigate a moveLiquidation mapsPublished reportsDaily movesEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
SPOFrom

SPORTFUNUSDT liquidation cascade on June 20, 2026

SPORTFUNUSDT fell as much as 25.3% and finished 24.2% below its recorded baseline.

Investigate SPORTFUNUSDT →Research the setup at 12:53 UTC →Arm this alert →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-25.3%
Net move
-24.2%
Reported liquidations
$260K
Largest liquidation
$9K
Duration
6h 23m
Volume
$21.1M
Liquidation cascadeBinance
06-20 11:17 to 06-20 20:52 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-06-20 20:40 UTC.

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.
Fall to the lowRetrospective phase · contract OI unavailable · -18.2%First reported liquidationshorts liquidated · $542Funding hit extreme (positive)+0.050%OI peak$3.5MFlash move-7.2%Volume climax$1.0M
6 more momentsLarge rejecting wick5.3% of closeLargest liquidationlongs liquidated · $9KRange brokenDownward move · reference $0.03207 · trades 1.9×, volume 8.3× (5m average / prior 60m median) · known at 18:56:00 UTC close · $0.03178Low$0.03143After the extremeRetrospective phase · contract OI unavailable · +1.4%Back inside the broken rangeDownward move · reference $0.03207 · trades 1.4×, volume 3.7× (5m average / prior 60m median) · known at 19:07:00 UTC close · $0.03208

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 0.90 of 1longs liquidated 90%liquidations $260K

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: 2026-06-20T12:53:20.457Z to 2026-06-20T19:16:20.457Z.
  • Recorded baseline: $0.0421. High: $0.0468. End: $0.0319.
  • 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)517KTrades / tape159KLiquidations229Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots384
What you will see
  1. SPORTFUNUSDT fell as much as 25.3% and finished 24.2% below its recorded baseline. The event lasted 6h 23m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $260K liquidated, largest reported liquidation $9K.
  4. First reported liquidation in this archive at 12:54 UTC, shorts liquidated.
  5. Capitulation wick of 5.3% at 14:55 UTC.
  6. Open interest peaked at $3.5M (14:18 UTC) before the unwind.
  7. Funding hit extreme (positive) at 12:58 UTC (+0.050%).