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UBFrom

UBUSDT liquidation cascade on June 23, 2026

UBUSDT fell as much as 22.8% and finished 15.5% below its recorded baseline.

Investigate UBUSDT →Research the setup at 13:52 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-22.8%
Net move
-15.5%
Reported liquidations
$1.2M
Largest liquidation
$25K
Duration
28h
Volume
$166M
Liquidation cascadeBinance
06-23 06:52 to 06-25 00:52 UTC, including time outside the archive window · 15m candlesLow $0.05762 · high $0.09919
Key moments Modelled liquidation zones as of 00:40 UTC. Candle-based estimates, not observed liquidation orders.

Key moments

Times in UTC. Select one to replay from that minute.
First reported liquidationshorts liquidated · $19Funding flipped positive+0.005%OI peak$8.4MLargest liquidationlongs liquidated · $25KLow$0.05762Recovered half53% retraced
2 more momentsVolume climax$4.7MFlash move-10.2%

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 0.66 of 1longs liquidated 66%liquidations $1.2M

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: 2026-06-23T13:52:05.884Z to 2026-06-24T17:52:05.885Z.
  • Recorded baseline: $0.07459. High: $0.08155. End: $0.06301.
  • 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)2.7MTrades / tape1.2MLiquidations1.6KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. UBUSDT fell as much as 22.8% and finished 15.5% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $1.2M liquidated, largest reported liquidation $25K.
  4. First reported liquidation in this archive at 13:53 UTC, shorts liquidated.
  5. Open interest peaked at $8.4M (00:11 UTC) before the unwind.
  6. Funding flipped positive at 17:12 UTC (+0.005%).
  7. Clawed back half of the move by 10:15 UTC.