SQDUSDTCrashAUG 23, 2026 · 06:15 UTC · BINANCEFSQDUSDT fell as much as 24.7% and finished 21.7% below its starting price.
PEAK MOVE -24.7% · NET MOVE -21.7% · TOTAL LIQUIDATED $6K · MAX SINGLE LIQ $2K · DURATION 6h · VOLUME $1.7M
Crash
PEAK-24.7%SQDUSDT · BINANCEF · 5MWHY THIS LABEL
No cause signal in range — shape only; replay to judge it.
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 crash label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
Data provenance and methodology →KEY MOMENTSEACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
06:20 UTCLow$0.02975▶ REPLAY06:36 UTCFirst forced-selllongs liquidated · $680▶ REPLAY09:18 UTCLargest liquidationshorts liquidated · $2K▶ REPLAYDATA INCLUDED IN THIS REPLAY
Order book (L2)341KTrades / tape19.0KLiquidations11Liquidation heatmapVPIN / toxicityOI & positioning
WHAT YOU'LL SEE IN THE REPLAY
- SQDUSDT fell as much as 24.7% and finished 21.7% below its starting price. The event lasted 6h.
- $6K liquidated, largest single fill $2K.
- First forced-sell at 06:36 UTC, longs liquidated.
- No cause was auto-detected for this move; replay the order book and tape to read it yourself.
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READS EVERY TRACKED FEATURE AT 06:15 UTC · PROPOSES A DEFINITION
