← Events / USELESSUSDT / CascadePERMALINK 20260513_210413_USELESSUSDT
USELESSUSDTLiquidation cascadeMAY 12, 2026 · 19:04 UTC · BINANCEFUSELESSUSDT fell as much as 21.4% and finished 18.5% below its starting price.
Liquidation cascade
PEAK-21.4%USELESSUSDT · BINANCEF · 30MWHY THIS LABEL
confidence 0.81longs liquidated 81%liquidations $262K
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
- USELESSUSDT fell as much as 21.4% and finished 18.5% below its starting price. The event lasted 28h.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $262K liquidated, largest single fill $9K.
- First forced-sell at 19:11 UTC, longs liquidated.
- Funding hit extreme (positive) at 23:45 UTC (+0.051%).
KEY MOMENTS
19:11 UTCFirst forced-selllongs liquidated · $21▶ REPLAY23:45 UTCFunding hit extreme (positive)+0.051%▶ REPLAY06:00 UTCVolume climax$3.2M▶ REPLAY13:38 UTCLargest liquidationlongs liquidated · $9K▶ REPLAY15:45 UTCLow$0.06066▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
