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USEFrom

USELESSUSDT volatility spike on September 4, 2026

USELESSUSDT fell 16.8% at its peak, then round-tripped to finish 3.5% below its recorded baseline.

Archive corrected 2026-09-14. Earlier saved analyses may use the previous window or prices.

Order-book recording: 1 brief interruption, 60.2 seconds in total.

Replay resumes from recorded snapshots. Treat order-book measurements within these intervals as unavailable; the event remains available.

  • 2026-09-04T23:59:59.868Z to 2026-09-05T00:01:00.026Z.
Investigate USELESSUSDT →Research the setup at 21:38 UTC →Arm this alert →Current USELESS liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-16.8%
Net move
-3.5%
Reported liquidations
$798K
Largest liquidation
$12K
Duration
11h 57m
Volume
$208M
Volatility spikeBinance
09-04 18:38 to 09-05 12:34 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-05 12:20 UTC.

Key moments

Times in UTC. Select one to replay from that minute. Phase totals and extremes are retrospective; sequence details show when the closed-minute reading was known.
Fall to the lowRetrospective phase · $295K shorts reported liquidated · $284K longs reported liquidated · contract OI -2.6% · -16.8%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $38KOI peak$36.7MLarge rejecting wick2.1% of closeLargest long-liquidation minuteReported total over one minute; selected retrospectively · $23KLow$0.211
5 more momentsAfter the extremeRetrospective phase · $166K shorts reported liquidated · $53K longs reported liquidated · contract OI -2.1% · +16.0%Recovered half59% retracedFlash move-4.1%Volume climax$2.1MLargest liquidationlongs liquidated · $12K

Research markers

Why the volatility spike label?

Volatility spike describes the recorded price move. It does not identify its cause.

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: 2026-09-04T21:38:00.000Z to 2026-09-05T09:35:00.000Z.
  • Recorded baseline: $0.25356. High: $0.274. End: $0.2447.
  • The volatility spike 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)1.5MTrades / tape1.6MLiquidations916Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots718
What you will see
  1. USELESSUSDT fell 16.8% at its peak, then round-tripped to finish 3.5% below its recorded baseline. The event lasted 11h 57m.
  2. $798K liquidated, largest reported liquidation $12K.
  3. Capitulation wick of 2.1% at 01:48 UTC.
  4. Open interest peaked at $36.7M (01:25 UTC) before the unwind.
  5. Clawed back half of the move by 05:34 UTC.
  6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.