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VELFrom

VELVETUSDT liquidation cascade on August 24, 2026

VELVETUSDT fell as much as 77.7% and finished 73.8% below its recorded baseline.

Investigate VELVETUSDT →Research the setup at 07:45 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-77.7%
Net move
-73.8%
Reported liquidations
$2.5M
Largest liquidation
$107K
Duration
6h 39m
Volume
$256M
Liquidation cascadeBinance
08-24 06:05 to 08-24 16:03 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-24 15:50 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 · $708K shorts reported liquidated · $1.8M longs reported liquidated · contract OI +118.0% · -77.1%Range break with expanding participationDownward move · reference $0.6766 · trades 24.6×, volume 49.8× (5m average / prior 60m median) · known at 09:35:00 UTC close · $0.6236Range brokenDownward move · reference $0.6766 · trades 24.6×, volume 49.8× (5m average / prior 60m median) · known at 09:35:00 UTC close · $0.6236Flash move+30.1%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $56KLiquidation burstlongs liquidated · $758K
6 more momentsLargest long-liquidation minuteReported total over one minute; selected retrospectively · $683KVolume climax$5.4MLargest liquidationlongs liquidated · $107KLarge rejecting wick19.3%Low$0.156After the extremeRetrospective phase · $21K shorts reported liquidated · $20K longs reported liquidated · contract OI +4.0% · +17.0%

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 0.71 of 1longs liquidated 71%liquidations $2.5Mchart 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: 2026-08-24T07:45:15.868Z to 2026-08-24T14:24:13.909Z.
  • Recorded baseline: $0.7. High: $0.9126. End: $0.1833.
  • 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)709KTrades / tape1.7MLiquidations1.0KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. VELVETUSDT fell as much as 77.7% and finished 73.8% below its recorded baseline. The event lasted 6h 39m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $2.5M liquidated, largest reported liquidation $107K.
  4. $758K force-liquidated in about a minute from 11:50 UTC.
  5. Capitulation wick of 19.3% at 11:52 UTC.