ZECFrom

ZECUSDT short squeeze on May 20, 2026

ZECUSDT rose as much as 17.7% and finished 14.8% above its recorded baseline.

Corrected 11 Oct 2026. This event's starting price was recorded from a stale reference, which overstated its move. Measured from the window's first one-minute open, the move does not reach the base threshold for its original label, so it is no longer listed. The recording and replay are unchanged.

Free replays cover the last 7 days and selected events.

Peak move
+17.7%
Net move
+14.8%
Reported liquidations
$12.8M
Largest liquidation
$1.0M
Duration
12h 13m
Volume
$1.57B
Short squeezeBinance
05-20 08:17 to 05-21 02:36 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-21 02:25 UTC.

Research markers

Why the short squeeze label?

These observations support the label. They do not show what caused the move or who started it.

Label confidence 0.98 of 1shorts liquidated 98%liquidations $12.8M

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: 2026-05-20T11:20:16.210Z to 2026-05-20T23:33:16.210Z.
  • Recorded baseline: $584.89. High: $688.6. End: $671.66.
  • The short squeeze 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)1.5MTrades / tape1.3MLiquidations794Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots734
What you will see
  1. ZECUSDT rose as much as 17.7% and finished 14.8% above its recorded baseline. The event lasted 12h 13m.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $12.8M liquidated, largest reported liquidation $1.0M.
  4. First reported liquidation in this archive at 11:40 UTC, longs liquidated.
  5. Capitulation wick of 1.3% at 17:10 UTC.
  6. Funding hit extreme (negative) at 21:45 UTC (-0.050%).