XRPFrom

XRPUSDT liquidation cascade on November 8, 2026

XRPUSDT fell as much as 7.5% and finished 5.7% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-7.5%
Net move
-5.7%
Reported liquidations
$14.0M
Largest liquidation
$924K
Duration
33h 26m
Volume
$1.27B
Liquidation cascadeBinance
11-07 23:21 to 11-10 01:30 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-11-10 01:20 UTC.

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 0.88 of 1longs liquidated 98%liquidations $14.0M

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: 2026-11-08T07:43:00.000Z to 2026-11-09T17:09:00.000Z.
  • Recorded baseline: $1.1633. High: $1.1693. End: $1.0967.
  • Detected Nov 9, 2026 · 06:02 UTC. Episode baseline $1.1633 at Nov 8, 2026 · 07:43 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)4.3MTrades / tape388KLiquidations958Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots2.0K
What you will see
  1. XRPUSDT fell as much as 7.5% and finished 5.7% below its recorded baseline. The event lasted 33h 26m.
  2. Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
  3. $14.0M liquidated, largest reported liquidation $924K.
  4. $5.2M force-liquidated in about a minute from 21:54 UTC.
  5. Capitulation wick of 1.6% at 21:55 UTC.