BTWUSDTCrashAUG 25, 2026 · 16:39 UTC · BINANCEFBTWUSDT fell as much as 21.3% and finished 9.2% below its starting price.
PEAK MOVE -21.3% · NET MOVE -9.2% · TOTAL LIQUIDATED $265K · MAX SINGLE LIQ $15K · DURATION 4h 31m · VOLUME $64.5M
Crash
PEAK-21.3%BTWUSDT · BINANCEF · 5MWHY 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
16:39 UTCFirst forced-selllongs liquidated · $70▶ REPLAY17:19 UTCLargest liquidationlongs liquidated · $15K▶ REPLAY19:00 UTCLow$0.354▶ REPLAY19:45 UTCCapitulation wick3.4%▶ REPLAYDATA INCLUDED IN THIS REPLAY
Order book (L2)537KTrades / tape1.3MLiquidations235Liquidation heatmapVPIN / toxicityOI & positioning
WHAT YOU'LL SEE IN THE REPLAY
- BTWUSDT fell as much as 21.3% and finished 9.2% below its starting price. The event lasted 4h 31m.
- $265K liquidated, largest single fill $15K.
- First forced-sell at 16:39 UTC, longs liquidated.
- Capitulation wick of 3.4% at 19:45 UTC.
- No cause was auto-detected for this move; replay the order book and tape to read it yourself.
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READS EVERY TRACKED FEATURE AT 16:39 UTC · PROPOSES A DEFINITION
