ZECUSDTLiquidation cascadeJUN 4, 2026 · 16:53 UTC · BINANCEFZECUSDT fell as much as 57.4% and finished 48.4% below its starting price.
Liquidation cascade
PEAK-57.4%ZECUSDT · BINANCEF · 15MWHY THIS LABEL
confidence 0.65longs liquidated 65%liquidations $34.8M
HOW THIS EVENT IS MEASURED
Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The liquidation cascade label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
Data provenance and methodology →WHAT YOU'LL SEE IN THE REPLAY
- ZECUSDT fell as much as 57.4% and finished 48.4% below its starting price. The event lasted 14h 43m.
- Forced selling tripping liquidation levels in sequence: a cascade, not one seller.
- $34.8M liquidated, largest single fill $4.7M.
- First forced-sell at 16:56 UTC, longs liquidated.
- Capitulation wick of 5.0% at 06:25 UTC.
- Funding flipped positive at 23:46 UTC (+0.005%).
KEY MOMENTS
16:56 UTCFirst forced-selllongs liquidated · $450▶ REPLAY23:46 UTCFunding flipped positive+0.005%▶ REPLAY06:25 UTCCapitulation wick5.0%▶ REPLAY06:25 UTCLargest liquidationlongs liquidated · $4.7M▶ REPLAY07:10 UTCFlash move-10.4%▶ REPLAY07:10 UTCLow$250▶ REPLAY07:10 UTCVolume climax$190M▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
