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TRUFrom

TRUMPUSDT liquidation cascade on August 23, 2026

TRUMPUSDT fell as much as 9.4% and finished 6.8% below its recorded baseline.

Archive corrected 2026-09-14. Earlier saved analyses may use the previous window or prices.

Order-book recording: 1 brief interruption, 60.2 seconds in total.

Replay resumes from recorded snapshots. Treat order-book measurements within these intervals as unavailable; the event remains available.

  • 2026-08-23T23:59:59.816Z to 2026-08-24T00:01:00.014Z.
Investigate TRUMPUSDT →Research the setup at 21:29 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-9.4%
Net move
-6.8%
Reported liquidations
$831K
Largest liquidation
$30K
Duration
6h 36m
Volume
$192M
Liquidation cascadeBinance
08-23 19:50 to 08-24 05:44 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-24 05:30 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 · $96K shorts reported liquidated · $629K longs reported liquidated · contract OI -2.1% · -9.4%Pattern breakdouble bottom · 100%Flash move-2.5%Volume climax$7.3MLargest liquidationlongs liquidated · $30KLarge rejecting wick1.0%
5 more momentsLargest short-liquidation minuteReported total over one minute; selected retrospectively · $27KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $95KLow$2.452After the extremeRetrospective phase · $71K shorts reported liquidated · $36K longs reported liquidated · contract OI -0.4% · +2.9%Pattern breaktriple bottom · 79%

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 0.72 of 1longs liquidated 80%liquidations $831Kchart pattern confirmed

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: 2026-08-23T21:29:00.000Z to 2026-08-24T04:05:00.000Z.
  • Recorded baseline: $2.706. High: $2.747. End: $2.522.
  • 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)723KTrades / tape98.7KLiquidations315Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. TRUMPUSDT fell as much as 9.4% and finished 6.8% below its recorded baseline. The event lasted 6h 36m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $831K liquidated, largest reported liquidation $30K.
  4. Capitulation wick of 1.0% at 00:20 UTC.
  5. A double bottom broke out at 22:17 UTC (100% confidence).