BTWFrom

BTWUSDT volatility spike on June 20, 2026

BTWUSDT rallied 125.4% at its peak, then reversed to finish 14.1% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
+125.4%
Net move
-14.1%
Reported liquidations
$2.7M
Largest liquidation
$36K
Duration
28h 1m
Volume
$766M
Volatility spikeBinance
06-20 10:22 to 06-22 04:23 UTC, including time outside the archive window · 15m candlesLow $0.071 · high $0.2051
Key moments Modelled liquidation zones as of 04:10 UTC. Candle-based estimates, not observed liquidation orders.

Research markers

Why the volatility spike label?

These observations support the label. They do not show what caused the move or who started it.

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

How these numbers are measured

Peak and net moves start from the recorded baseline, which can differ from the replay's first price.

Liquidations are reported venue snapshots; orders a venue left out are not rebuilt.

Exact definitions
  • Replay window: 2026-06-20T17:22:49.764Z to 2026-06-21T21:23:19.763Z.
  • Recorded baseline: $0.091. High: $0.2051. End: $0.0782.
  • The volatility spike label describes the detected event class, so a later reversal changes the net move without silently changing the classification.
  • Price-extreme and wick times mark the source candle, not the exact tick.
Data provenance and methodology →
What the replay includes
Recorded streams
Order book (L2)3.5MTrades / tape6.1MLiquidations2.0KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. BTWUSDT rallied 125.4% at its peak, then reversed to finish 14.1% below its recorded baseline. The event lasted 28h 1m.
  2. $2.7M liquidated, largest reported liquidation $36K.
  3. First reported liquidation in this archive at 17:25 UTC, shorts liquidated.
  4. Capitulation wick of 15.1% at 18:00 UTC.
  5. Open interest peaked at $70.4M (19:35 UTC) before the unwind.
  6. Funding hit extreme (positive) at 12:22 UTC (+0.050%).
  7. Gave back half of the move by 20:15 UTC.
  8. No cause was auto-detected for this move; replay the order book and tape to read it yourself.