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USEFrom

USELESSUSDT liquidation cascade on May 12, 2026

USELESSUSDT fell as much as 21.4% and finished 18.5% below its recorded baseline.

Investigate USELESSUSDT →Research the setup at 19:04 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-21.4%
Net move
-18.5%
Reported liquidations
$262K
Largest liquidation
$9K
Duration
28h
Volume
$48.3M
Liquidation cascadeBinance
05-12 12:04 to 05-14 06:04 UTC, including time outside the archive window · 15m candlesLow $0.06066 · high $0.08651
Key moments Modelled liquidation zones as of 05:50 UTC. Candle-based estimates, not observed liquidation orders.

Key moments

Times in UTC. Select one to replay from that minute.
First reported liquidationlongs liquidated · $21Funding hit extreme (positive)+0.051%Volume climax$3.2MLargest liquidationlongs liquidated · $9KLow$0.06066

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 0.81 of 1longs liquidated 81%liquidations $262K

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: 2026-05-12T19:04:13.449Z to 2026-05-13T23:04:24.916Z.
  • Recorded baseline: $0.0772. High: $0.0822. End: $0.0629.
  • 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)2.1MTrades / tape353KLiquidations392Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. USELESSUSDT fell as much as 21.4% and finished 18.5% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $262K liquidated, largest reported liquidation $9K.
  4. First reported liquidation in this archive at 19:11 UTC, longs liquidated.
  5. Funding hit extreme (positive) at 23:45 UTC (+0.051%).