UBUSDTLiquidation cascadeJUN 23, 2026 · 13:52 UTC · BINANCEFUBUSDT fell as much as 22.8% and finished 15.5% below its starting price.
Liquidation cascade
PEAK-22.8%UBUSDT · BINANCEF · 30MWHY THIS LABEL
confidence 0.66longs liquidated 66%liquidations $1.2M
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 liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
Data provenance and methodology →WHAT YOU'LL SEE IN THE REPLAY
- UBUSDT fell as much as 22.8% and finished 15.5% below its starting price. The event lasted 28h.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $1.2M liquidated, largest single fill $25K.
- First forced-sell at 13:53 UTC, shorts liquidated.
- Open interest peaked at $8.4M (00:11 UTC) before the unwind.
- Funding flipped positive at 17:12 UTC (+0.005%).
- Clawed back half of the move by 10:15 UTC.
KEY MOMENTS
13:53 UTCFirst forced-sellshorts liquidated · $19▶ REPLAY17:12 UTCFunding flipped positive+0.005%▶ REPLAY00:11 UTCOI peak$8.4M▶ REPLAY01:13 UTCLargest liquidationlongs liquidated · $25K▶ REPLAY07:45 UTCLow$0.05762▶ REPLAY10:15 UTCRecovered half53% retraced▶ REPLAY14:15 UTCVolume climax$4.7M▶ REPLAY14:45 UTCFlash move-10.2%▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
