UBFrom

UBUSDT liquidation cascade on June 2, 2026

UBUSDT fell as much as 40.8% and finished 37.4% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-40.8%
Net move
-37.4%
Reported liquidations
$364K
Largest liquidation
$6K
Duration
4h 31m
Volume
$55.4M
Liquidation cascadeBinance
06-02 13:24 to 06-02 20:10 UTC, including time outside the archive window · 5m candlesLow $0.12333 · high $0.22212
Key moments Modelled liquidation zones as of 20:00 UTC. Candle-based estimates, not observed liquidation orders.

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 0.73 of 1longs liquidated 73%liquidations $364K

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: 2026-06-02T14:32:24.088Z to 2026-06-02T19:02:54.077Z.
  • Recorded baseline: $0.2113. High: $0.22212. End: $0.1323.
  • 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)513KTrades / tape741KLiquidations476Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. UBUSDT fell as much as 40.8% and finished 37.4% below its recorded baseline. The event lasted 4h 31m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $364K liquidated, largest reported liquidation $6K.
  4. First reported liquidation in this archive at 14:34 UTC, shorts liquidated.
  5. Capitulation wick of 6.5% at 16:20 UTC.