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TSTFrom

TSTUSDT liquidation cascade on August 11, 2026

TSTUSDT fell as much as 32.7% and finished 31.5% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as -25.5% at the peak).

Investigate TSTUSDT →Research the setup at 00:01 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-32.7%
Net move
-31.5%
Reported liquidations
$343K
Largest liquidation
$6K
Duration
28h
Volume
$48.7M
Liquidation cascadeBinance
08-10 17:01 to 08-12 11:01 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-12 10:50 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 · $71K shorts reported liquidated · $271K longs reported liquidated · contract OI -15.3% · -33.4%OI peak$5.8MFunding hit extreme (positive)+0.050%Pattern breakdouble bottom · 84%Volume climax$503KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $26K
6 more momentsLarge rejecting wick2.6%Flash move+3.7%Range brokenDownward move · reference $0.01502 · trades 2.0×, volume 5.4× (5m average / prior 60m median) · known at 03:21:00 UTC close · $0.01483Range break with expanding participationDownward move · reference $0.01502 · trades 3.1×, volume 7.6× (5m average / prior 60m median) · known at 03:22:00 UTC close · $0.01468Low$0.01435After the extremeRetrospective phase · $550 shorts reported liquidated · $51 longs reported liquidated · contract OI +0.7% · +1.5%

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 0.79 of 1longs liquidated 79%liquidations $343Kchart 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: 2026-08-11T00:01:28.769Z to 2026-08-12T04:01:28.769Z.
  • Recorded baseline: $0.02133. High: $0.0223. End: $0.01461.
  • 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)1.9MTrades / tape208KLiquidations510Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. TSTUSDT fell as much as 32.7% and finished 31.5% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $343K liquidated, largest reported liquidation $6K.
  4. Capitulation wick of 2.6% at 07:26 UTC.
  5. Open interest peaked at $5.8M (00:27 UTC) before the unwind.
  6. A double bottom broke out at 00:51 UTC (84% confidence).
  7. Funding hit extreme (positive) at 00:47 UTC (+0.050%).