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VELFrom

VELVETUSDT liquidation cascade on August 24, 2026

VELVETUSDT fell as much as 34.1% and finished 31.4% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as +25.8% at the peak).

Investigate VELVETUSDT →Research the setup at 19:28 UTC →Arm this alert →Current VELVET liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-34.1%
Net move
-31.4%
Reported liquidations
$423K
Largest liquidation
$9K
Duration
28h
Volume
$133M
Liquidation cascadeBinance
08-24 12:28 to 08-26 06:28 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-26 06:15 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 · $70K shorts reported liquidated · $337K longs reported liquidated · contract OI +66.7% · -33.7%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $18KFunding flipped negative-0.005%OI peak$9.4MFlash move-5.2%Large rejecting wick8.7% of close
6 more momentsLargest long-liquidation minuteReported total over one minute; selected retrospectively · $36KVolume climax$3.6MRange brokenDownward move · reference $0.1298 · trades 2.3×, volume 3.8× (5m average / prior 60m median) · known at 18:45:00 UTC close · $0.1286Range break with expanding participationDownward move · reference $0.1298 · trades 3.1×, volume 4.6× (5m average / prior 60m median) · known at 18:48:00 UTC close · $0.1287Low$0.1207After the extremeRetrospective phase · $92 shorts reported liquidated · $15K longs reported liquidated · contract OI +0.1% · +4.2%

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 0.83 of 1longs liquidated 83%liquidations $423K

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: 2026-08-24T19:28:23.015Z to 2026-08-25T23:28:31.486Z.
  • Recorded baseline: $0.1832. High: $0.1862. End: $0.1257.
  • 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)2.6MTrades / tape448KLiquidations520Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.7K
What you will see
  1. VELVETUSDT fell as much as 34.1% and finished 31.4% below its recorded baseline. The event lasted 28h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $423K liquidated, largest reported liquidation $9K.
  4. Capitulation wick of 8.7% at 14:03 UTC.
  5. Open interest peaked at $9.4M (13:22 UTC) before the unwind.
  6. Funding flipped negative at 01:15 UTC (-0.005%).