BTWUSDT rose 24.6% intraperiod, then round-tripped to finish 6.8% 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. BTWUSDT rose 24.6% intraperiod, then round-tripped to finish 6.8% above its starting price. The event lasted 28h.
2. $243K liquidated, largest single fill $15K.
3. First forced-sell at 07:47 UTC, shorts liquidated.
4. Capitulation wick of 5.8% at 10:00 UTC.
5. A descending trendline broke out at 07:59 UTC.
6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.