4USDT fell 29.1% intraperiod, then round-tripped to finish 8.7% below its starting price.

PEAK MOVE -29.1% · NET MOVE -8.7% · TOTAL LIQUIDATED $181K · MAX SINGLE LIQ $16K · DURATION 4h 30m · VOLUME $3.4M

Crash

PEAK-29.1%4USDT · BINANCEF · 5M

WHY THIS LABEL

No cause signal in range — shape only; replay to judge it.

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 crash label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

Data provenance and methodology →

KEY MOMENTSEACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK

05:09 UTCFirst forced-selllongs liquidated · $899▶ REPLAY 05:10 UTCCapitulation wick25.6%▶ REPLAY 05:10 UTCLow$0.008783▶ REPLAY 05:11 UTCLargest liquidationlongs liquidated · $16K▶ REPLAY 05:29 UTCPattern breakdouble bottom▶ REPLAY

DATA INCLUDED IN THIS REPLAY

Order book (L2)183KTrades / tape43.5KLiquidations96Liquidation heatmapVPIN / toxicityOI & positioning

WHAT YOU'LL SEE IN THE REPLAY

4USDT fell 29.1% intraperiod, then round-tripped to finish 8.7% below its starting price. The event lasted 4h 30m.
Moved with 19 other symbols in the same window: possible contagion.
$181K liquidated, largest single fill $16K.
First forced-sell at 05:09 UTC, longs liquidated.
Capitulation wick of 25.6% at 05:10 UTC.
A double bottom broke out at 05:29 UTC.
No cause was auto-detected for this move; replay the order book and tape to read it yourself.