BILLUSDT rose as much as 27.9% and finished 15.6% above 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. BILLUSDT rose as much as 27.9% and finished 15.6% above its starting price. The event lasted 28h.
2. $721K liquidated, largest single fill $5K.
3. First forced-sell at 18:04 UTC, shorts liquidated.
4. Capitulation wick of 4.0% at 07:00 UTC.
5. Gave back half of the move by 23:45 UTC.
6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.