ACTUSDT fell 42.1% intraperiod, then round-tripped to finish 14.4% below its starting price.

Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The volatility spike label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

1. ACTUSDT fell 42.1% intraperiod, then round-tripped to finish 14.4% below its starting price. The event lasted 28h.
2. $896K liquidated, largest single fill $12K.
3. First forced-sell at 01:38 UTC, shorts liquidated.
4. Capitulation wick of 7.1% at 12:00 UTC.
5. Open interest peaked at $9.5M (14:03 UTC) before the unwind.
6. Funding flipped negative at 02:50 UTC (-0.005%).
7. Clawed back half of the move by 22:30 UTC.
8. No cause was auto-detected for this move; replay the order book and tape to read it yourself.