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USFrom

USUSDT liquidation cascade on September 27, 2026

USUSDT fell as much as 37.6% and finished 36.1% below its recorded baseline.

Investigate USUSDT →Research the setup at 22:00 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-37.6%
Net move
-36.1%
Reported liquidations
$405K
Largest liquidation
$25K
Duration
48h
Volume
$155M
Liquidation cascadeBinance
09-27 10:00 to 09-30 10:00 UTC, including time outside the archive window · 30m candlesLow $0.01642 · high $0.035665
Key moments Modelled liquidation zones as of 09:50 UTC. Candle-based estimates, not observed liquidation orders.

Key moments

Times in UTC. Select one to replay from that minute.
First reported liquidationlongs liquidated · $37Pattern breakdouble bottomPattern breaktriple bottomPattern breakdouble topLargest liquidationshorts liquidated · $25KCapitulation wick11.5%
1 more momentsLow$0.01733

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 0.73 of 1longs liquidated 73%liquidations $405Kchart pattern confirmed

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: 2026-09-27T22:00:00.000Z to 2026-09-29T22:00:00.000Z.
  • Recorded baseline: $0.02779. High: $0.035209. End: $0.017756.
  • Detected Sep 25, 2026 · 16:25 UTC. Episode baseline $0.01782 at Sep 22, 2026 · 22:00 UTC.
  • 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)5.2MTrades / tape2.5MLiquidations694Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. USUSDT fell as much as 37.6% and finished 36.1% below its recorded baseline. The event lasted 48h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $405K liquidated, largest reported liquidation $25K.
  4. First reported liquidation in this archive at 22:02 UTC, longs liquidated.
  5. Capitulation wick of 11.5% at 09:45 UTC.
  6. A double bottom broke out at 22:06 UTC.