TRAFrom

TRADOORUSDT liquidation cascade on April 24, 2026

TRADOORUSDT fell as much as 90.7% and finished 86.7% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-90.7%
Net move
-86.7%
Reported liquidations
$1.7M
Largest liquidation
$29K
Duration
12h 1m
Volume
$211M
Liquidation cascadeBinance
04-24 17:20 to 04-25 11:20 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-04-25 11:10 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 0.65 of 1longs liquidated 65%liquidations $1.7M

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: 2026-04-24T20:20:10.992Z to 2026-04-25T08:20:31.546Z.
  • Recorded baseline: $8.903. High: $2.199. End: $1.182.
  • 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)717KTrades / tape508KLiquidations2.5KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. TRADOORUSDT fell as much as 90.7% and finished 86.7% below its recorded baseline. The event lasted 12h 1m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.7M liquidated, largest reported liquidation $29K.
  4. First reported liquidation in this archive at 20:20 UTC, longs liquidated.
  5. Capitulation wick of 11.5% at 20:55 UTC.
  6. Funding hit extreme (positive) at 05:08 UTC (+0.051%).