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XPLFrom

XPLUSDT liquidation cascade on August 22, 2026

XPLUSDT fell as much as 25.2% and finished 11.9% below its recorded baseline.

Investigate XPLUSDT →Research the setup at 03:13 UTC →Arm this alert →Current XPL liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-25.2%
Net move
-11.9%
Reported liquidations
$739K
Largest liquidation
$186K
Duration
6h
Volume
$37.7M
Liquidation cascadeBinance
08-22 01:43 to 08-22 10:43 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-22 10:30 UTC.

Full window · Show active span →

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 · $41K shorts reported liquidated · $638K longs reported liquidated · contract OI -0.9% · -23.7%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $15KPattern breakdouble bottom · 100%OI peak$37.9MFlash move-9.9%Liquidation burstlongs liquidated · $449K
6 more momentsLargest long-liquidation minuteReported total over one minute; selected retrospectively · $317KVolume climax$2.4MLargest liquidationlongs liquidated · $186KLow$0.08After the extremeRetrospective phase · $5K shorts reported liquidated · $54K longs reported liquidated · contract OI -2.4% · +18.0%Large rejecting wick8.9% of close

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 0.94 of 1longs liquidated 94%liquidations $739Kchart pattern confirmedcontagion cluster

Other XPLUSDT events

Examples, not a historical success rate.

Short squeezePeak +27.7%Browse all XPLUSDT events →

Similar events in other markets

2 other markets sold off in the same window, grouped because their order-flow toxicity (VPIN) moved together, not by price correlation.
MELMELANIAUSDT pumpPeak +79.0%HMSHMSTRUSDT crashPeak -34.7%
More like this
ARCARCUSDT cascadePeak -64.3%RAT1000RATSUSDT cascadePeak -58.6%USUSUSDT cascadePeak -65.1%
2 more eventsAPRAPRUSDT cascadePeak -42.9%AGTAGTUSDT cascadePeak -55.5%
More liquidation cascade events →

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: 2026-08-22T03:13:32.021Z to 2026-08-22T09:13:45.871Z.
  • Recorded baseline: $0.10689. High: $0.10922. End: $0.09412.
  • 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)512KTrades / tape184KLiquidations145Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots360
What you will see
  1. XPLUSDT fell as much as 25.2% and finished 11.9% below its recorded baseline. The event lasted 6h.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. Moved with 2 other symbols in the same window: possible contagion.
  4. $739K liquidated, largest reported liquidation $186K.
  5. $449K force-liquidated in about a minute from 05:09 UTC.
  6. Capitulation wick of 8.9% at 05:13 UTC.
  7. Open interest peaked at $37.9M (03:37 UTC) before the unwind.
  8. A double bottom broke out at 03:29 UTC (100% confidence).