Research is a work in progress. Estimated release: 1 December 2026. Our goal is to make it a search engine for trading setups in recorded crypto markets.

Binance USDT-M
Move
Price 0.07597-8.78% 24h
Price at 21:48 UTC

XPL order book heatmap, order flow and liquidations

This page reads XPLUSDT on Binance from the recorded market: the latest order flow readings, a 30-day liquidation map and what followed past setups.

Readings at 21:44 UTC

Price falling (15m) · OI rising (1h)

The live order book heatmap (resting bids and offers, drawn with every trade) is in the terminal. Free accounts get one 3-minute preview a day, shared by every market except BTCUSDT; Pro keeps it on all day. XPL liquidation layers in the terminal (rails, reported liquidations and Hyperliquid levels) are Pro.

Latest analysis 21:440.08690.072616 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct
Stored readings run to 2026-10-22 21:42 UTC; the price line can run later.
Historical evidence and records

Comparison window: 2026-09-01 to 2026-10-01 UTC. Fixed comparison window; independent of the selected minute.

Market chart, markers and liquidation layers30 days · 4-hour candles
RESEARCH DETECTION PRO: OLDER REPLAYMODELLED MAPTRACKED POSITIONS · HYPERLIQUID
0.12770.10860.08960.07060.0760 NOW
Sep 23Sep 30Oct 08Oct 15Oct 23UTC
30 days · Binance 4H candles · diamonds replay the exact moment a rule firedUNLOCK 32 OLDER MARKERS
> What the shaded rows and the bars are

Shaded rows mark prices where leveraged positions would be forced to close if price gets there, built from this market's own price and volume. A map of fuel, not a prediction: it says nothing about whether price will go there.

The bars on the right are real positions we can currently see on Hyperliquid, a different exchange. They are not all open interest, and they are a snapshot of this minute rather than a history.

0.0712 (-6.3%) $1.04M · 0.0843 (+10.9%) $529K · 0.0724 (-4.7%) $221K

$1.97M of tracked positions on this chart · $9.91M in 197 clusters beyond its price range

MAP TO 21:40 UTC · lf.v2 · SEMI-LIVE · READ 21:49:25 UTC

Across $1.45B of real liquidations, the brightest tenth of this map captured about 22% of the dollars - roughly twice what nearness to price alone explains.

Watch these levels move live

Squares open archived events; diamonds replay research detections. Research markers checked through 2026-10-22 21:44 UTC; missing readings remain gaps.

What followed the tracked conditions1 active · 6 of 6 readable at 2026-10-22 21:44 UTC
Preserved minute observation

Observed 5 minutes ago. Snapshot for 2026-10-22 21:44 UTC. It does not describe price moves after that minute.

XPLUSDT: Price swept the 12-hour lows and reclaimed them.

Six defined conditions, not overall volatility. Inspect a minute to explore other readings.

The 44 previous times this happened on XPLUSDT, the median move over the next 24 hours was -1.03%, with a typical worst drawdown of -5.22% (42 of 44 with a complete 24h).

Measured over the minute ending 2026-10-22 21:44 UTC. Coverage and methodology

HISTORICAL PROOF

What followed this setup before

HISTORICAL PROOF

Swept 12h lows and reclaimed

ACTIVE IN LATEST RECORD
44PRIOR TIMES
-1.03%MEDIAN 24H
-5.22%TYPICAL DRAWDOWN
09-30 15:00LAST FIRE
Replay one recorded example09-30 15:00 ▸ REPLAY
+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.candle_sweep_reclaim_1h= TRUEEDGE-TRIGGEREDDEDUPE PT1H
BASE RATE · THIS SYMBOL
3,300 OF 43,201 (7.64%)
Eligible XPLUSDT minutes · 2026-09-01 to 2026-10-01
44 occurrences · counted when it turns true after false; repeat fires consolidated
+ SHOW OCCURRENCES PER DAY- OCCURRENCES PER DAY · UTC · SUM 44 · ZERO DAYS KEEP THEIR SLOT
+ SHOW ALL HORIZONS- ALL HORIZONS
HorizonComputableMedian fwdMedian MFEMedian MAEReached >= +2%Reached <= -2%
30m44 OF 44-0.25%+0.56%-0.76%2 OF 44 (4.5%)2 OF 44 (4.5%)
1h44 OF 44-0.06%+0.83%-1.03%7 OF 44 (15.9%)6 OF 44 (13.6%)
4h44 OF 44+0.38%+1.67%-1.96%17 OF 44 (38.6%)21 OF 44 (47.7%)
24h42 · 2 PENDING-1.03%+3.48%-5.22%28 OF 42 (66.7%)36 OF 42 (85.7%)
MFE / MAE: the most the price moved for and against, from the moment it fired, past tense. Pending = the newest fires whose horizon has not closed yet; they stay counted and are never dropped.
+ SHOW THE FULL LADDER · 1H · +/-1/2/5/10/15/20%- THRESHOLD LADDER · 1H · CLOSED LIST +/-1/2/5/10/15/20%
>= +1%17 OF 44>= +2%7 OF 44>= +5%0 OF 44>= +10%0 OF 44>= +15%0 OF 44>= +20%0 OF 44<= -1%22 OF 44<= -2%6 OF 44<= -5%1 OF 44<= -10%1 OF 44<= -15%0 OF 44<= -20%0 OF 44
v2 · nrm.v1 · ft.v1 · rev 1422180d · q#76dd84e6> RE-RUN THIS COUNT> THIS CONDITION ON EVERY SYMBOLALSO TRUE NOW: NOTUSDT · CTUSDT · ARKUSDT · +84
Readings in this snapshot

What stands out in the latest record

No reading is far from its usual range in the latest record.

Continue from this record

Investigate or monitor a defined setup

Free with an account. The live read is this minute; this page reads the record.

Older detections by weekPro
Browse older moments

Choose a recorded week. Markers are detections, not a complete history of every minute.

2026-10-16 to 2026-10-22 UTC

Historical readings and tick replay have different coverage. Replay still checks your plan and the available recording. Choose an exact move to investigate.

Full evidencereadings, conditions, research, events
State · latest recorded minute

What the latest XPLUSDT record shows

52 of 69 readings present; each absent one states its reason. P82 = higher than on 82% of this market's recorded minutes. More: percentiles

What stands out in the latest record0 OF 52 READINGS
Nothing stands out in the latest record: every present reading is close to its usual level.
A reading stands out when it sits in the top or bottom tenth of its own record, or an uncommon state is on.
Key moments · fired rulesMarker guideLAST 30 DAYS
10-22 02:05 UTCSustained one-sided book ▸ REPLAYInvestigate this moment
10-21 08:29 UTCSustained one-sided book ▸ REPLAYInvestigate this moment
09-30 14:41 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
09-29 20:01 UTCObserved liquidation burst ▸ REPLAYInvestigate this moment
09-28 14:17 UTCDepth pulled while the tape was stressed ▸ REPLAYInvestigate this moment
09-27 12:50 UTCObserved liquidation burst ▸ REPLAYInvestigate this moment
09-26 06:45 UTCUnusually illiquid for this market ▸ REPLAYInvestigate this moment
09-25 19:13 UTCSustained one-sided book ▸ REPLAYInvestigate this moment
Free replay covers BTCUSDT on Binance Futures, the past 3 days. Pro and Research reach 90 days. Access is checked when you open a replay. Each opens 30 minutes before the moment.
+ Full market read (69 readings)- Full market read (69 readings)
Flow10 READINGS
Toxic flow (VPIN)0.25·
VPIN regimeNORMAL·
Taker buy share · 15m0.45·
Dollar volume · 15m$98K·
Volume rank · own history19th pctl·
VPIN rank · own history46th pctl·
Amihud illiquidity · 1h0.0624 per $1M·
Illiquidity rank · own history95th pctl·
Jump share · 1h0.19·
Flow persistence · 1h-0.09·
Large-trade share · 15m0.00·
Net taker flow · 1h+0.06·
Net taker flow · 4h-0.05·
Return · 15m-0.20%·
Return · 1h+0.88%·
Range · 1h1.71%·
Realized vol · 1h0.10%·
Realized vol percentile29th pctlP29
VWAP distance · day-3.08%·
Book3 READINGS
Book imbalance · top levels93% ASK·
Book imbalance percentile79th pctlP79
Spread · normalized0.01·
Spread · bps1.31 bps·
Effective spread · 15m2.14 bps·
Ask pull · 1mABSENTNO READING THIS MINUTE
Bid pull · 1mABSENTNO READING THIS MINUTE
Cost to buy 100k · bpsABSENTNO READING THIS MINUTE
Cost to sell 100k · bpsABSENTNO READING THIS MINUTE
Book captureABSENTNO READING THIS MINUTE
Depth captureABSENTNO READING THIS MINUTE
Derivatives10 READINGS
Published premium indexABSENTNO READING THIS MINUTE
Premium index change over 1hABSENTNO READING THIS MINUTE
Premium index rank over 30dABSENTNO READING THIS MINUTE
Funding minus premium indexABSENTNO READING THIS MINUTE
Spot/perpetual close basisABSENTNO READING THIS MINUTE
Funding rate · latest observed+0.0008%·
Funding · normalized0.00·
Minutes to funding136SETTLES 00:00 UTC
Open interest change · 1h+0.15%·
OI change magnitude score19th pctlP19
Liquidation intensity0.00·
Liq notional · 1h$2K·
Longs liquidated · 1h$2K·
Shorts liquidated · 1h$0·
Liquidation side skew · 1h-1.00·
Cascade clustering0.56·
Top-trader long share78.7%·
Global long share47.2%·
Top vs crowd skew31.5 PTS·
Funding rank · own history0th pctl·
OI conversion · 1hABSENTNO READING THIS MINUTE
OI vs circulating floatABSENTNO READING THIS MINUTE
Liquidation burst rank47th pctl·
Short shelf above · 50-100x · %ABSENTNO READING THIS MINUTE
Long shelf below · 50-100x · %ABSENTNO READING THIS MINUTE
Short shelf above · 5-25x · %ABSENTNO READING THIS MINUTE
Long shelf below · 5-25x · %ABSENTNO READING THIS MINUTE
An absent reading shrinks every count it touches; it is never treated as zero.
Candles10 READINGS
Body share · 15m+55.1%·
Body share · 1h-55.0%·
Upper wick · 15m40.8%·
Lower wick · 15m4.08%·
Compression · 15m1.04×·
Compression · 1h1.01×·
Compression · 4h1.00×·
Engulfing · 15mNONE·
Engulfing · 1hNONE·
Sweep + reclaim · 15mFALSE·
Sweep + reclaim · 1hTRUE·
Containment · 15mNONE·
Candle readings use the last completed candle, never the one forming. No completed candle: shown as absent, never guessed.
SNAPSHOT KEY · v2 · nrm.v1 · ft.v1 · rev 1422180d · q#6f84cf0bSame key, same bytes: the key is the re-run proof.> RUN THIS READ OVER THE API> WHAT THESE READINGS MEASURE
What followed · counted over the rolling window

All tracked conditions

1 of six tracked conditions is active on XPLUSDT now. Open any condition to see its exact definition and recorded history.

COUNTING WINDOW: 2026-09-01 TO 2026-10-01 (30 DAYS). DATA COVERAGE BEGINS 2025-07-15.

Toxic flow elevated

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.vpin>= 0.85EDGE-TRIGGEREDDEDUPE PT1H
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

One-sided tape: buyers

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.taker_buy_ratio_15m>= 0.62EDGE-TRIGGEREDDEDUPE PT1H
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

One-sided tape: sellers

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.taker_buy_ratio_15m<= 0.38EDGE-TRIGGEREDDEDUPE PT1H
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

Large USD OI change with liquidations

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.oi_velocity_pctrank>= 0.90ANDfeature.liq_notional_usd_1h>= $1MEDGE-TRIGGERED
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

Crowd long, leaders not

NOT ACTIVE IN LATEST RECORDAlert me

History is still being prepared for this condition.

+ VIEW EVIDENCE AND EXACT DEFINITION- HIDE EVIDENCE AND EXACT DEFINITION
feature.top_global_long_skew<= -10ANDfeature.global_long_ratio>= 0.65
BASE RATE · THIS SYMBOL
·
Not cached yet; the nightly refresh fills this.

More setups, counted nightly

Beyond the six above, 10 more setups are counted nightly on XPLUSDT. 1 of the 10 measurable at the latest recorded minute is active:

Pro reveals for each of these what the six above already show: how often it has happened on this market, out of how many chances, and what followed each time. This page stays free; the deeper record is the paid part, and watching the page can never rebuild a past minute.

> SEE PRO PLANS
Research history · XPLUSDT

Published research and archived events

> Investigate the latest XPLUSDT moveMACHINE-READABLE INDEX: GET /api/research/reports
Published reports touching XPLUSDT9
Crowd long share reached 70%Published 2026-09-05 · covers every recorded market
On record: 6,402 OF 60,275 minutes matched (10.6%)Since publication: 300 OF 2,687 (11.2%), 36 still open at 1H
Crowd long share reached 70%Published 2026-07-31 · covers every recorded market
On record: 884 OF 7,993 minutes matched (11.1%)Since publication: 704 OF 6,489 (10.8%), 114 still open at 1H

Observed examples in a selected archive, not a guarantee. Nothing here is trading advice.

Archived events · XPLUSDT2
Liquidation cascade · 2026-08-22 03:13 UTC145 liquidations · $0.7M notional · in 360 minutes
Short squeeze · 2026-06-17 05:46 UTC544 liquidations · $0.7M notional · in 721 minutes
Record coverage427 days recorded

The record on XPLUSDT is 427 days deep, with 38 partition days excluded. State renders on what exists. Base rates and forward summaries count the rolling window; summaries appear only once a state has at least 30 recorded occurrences. Absences are reported, never improvised. The record grows daily.

Terminal · API · MCPreproducible calls

Open XPLUSDT in the terminal

Re-run this record

Fetch the recorded state with one call. Its reproducibility key returns the same canonical bytes later.

Cached re-runs do not spend research credits.

# the state block
GET /api/v1/research/snapshot?symbol=XPLUSDT&t=last-complete
→ canonical bytes · q#6f84cf0b

Common XPL questions

Where is the XPL liquidation map?

On its own page: the live levels where leveraged XPL positions would be forced out, drawn over the last 48 hours, with a daily check of how often reported liquidations came there. The 30-day chart on this page draws a modelled map from XPLUSDT's own price and volume, plus the Hyperliquid positions we can see now. In the live terminal, XPL liquidation layers are Pro. Open the XPL liquidation map

Is the XPL order book heatmap free?

Partly. A free account gets 3 minutes a day of the live Real-time order book heatmap, one allowance per UTC day shared across every market except BTCUSDT, which is free all day. Pro keeps it on all day for XPLUSDT and every other market. The order book depth layer on ordinary candle charts is on every plan. Open the live XPL heatmap

Can I replay past XPL moves?

With Pro: up to 90 days of the recorded XPLUSDT order book and trades on Binance. Free accounts replay BTCUSDT from the last 72 hours. Archived XPLUSDT events are listed with replay links; access is checked when you open one. XPL market events and replays

Where does the XPL data come from?

From EdgeDepth's record of the XPLUSDT perpetual on Binance USDT-M: trades, liquidation reports, funding and open interest, 427 recorded days since 15 July 2025, plus the Hyperliquid positions we track. Order book history starts later, on 15 May 2026 at the earliest. A missing reading is shown as missing, never filled in. Coverage and methodology