BTWFrom

BTWUSDT volatility spike on October 19, 2026

BTWUSDT fell as much as 38.1% and finished 27.2% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-38.1%
Net move
-27.2%
Reported liquidations
$1.2M
Largest liquidation
$16K
Duration
59h 3m
Volume
$624M
Volatility spikeBinance
10-18 09:16 to 10-22 01:50 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-22 01:40 UTC.

Key moments

Times in UTC. Select one to replay from that minute. Phase totals and extremes are retrospective; sequence details show when the closed-minute reading was known.
Fall to the lowRetrospective phase · $297K shorts reported liquidated · $407K longs reported liquidated · contract OI -19.3% · -38.1%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $30KLarge rejecting wick3.7% of closeRange brokenDownward move · reference $1.65 · trades 1.8×, volume 2.9× (5m average / prior 60m median) · known at 08:01:00 UTC close · $1.6327Range break with expanding participationDownward move · reference $1.65 · trades 3.2×, volume 4.3× (5m average / prior 60m median) · known at 08:03:00 UTC close · $1.6219Low$1.4841
6 more momentsAfter the extremeRetrospective phase · $322K shorts reported liquidated · $168K longs reported liquidated · contract OI -13.3% · +17.6%Half the extension retracedDownward move · reference $1.4867 · trades 1.4×, volume 1.4× (5m average / prior 60m median) · known at 09:19:00 UTC close · $1.5739Back inside the broken rangeDownward move · reference $1.65 · trades 0.9×, volume 1.2× (5m average / prior 60m median) · known at 09:52:00 UTC close · $1.6621Largest short-liquidation minuteReported total over one minute; selected retrospectively · $50KLargest liquidationshorts liquidated · $16KVolume climax$8.0M

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 cleared the confidence threshold in this window; labelled by price shape only.

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: 2026-10-19T00:02:00.000Z to 2026-10-21T11:05:00.000Z.
  • Recorded baseline: $2.3958. High: $2.409. End: $1.7448.
  • Detected Oct 21, 2026 · 05:05 UTC. Episode baseline $2.3958 at Oct 19, 2026 · 00:02 UTC.
  • 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)6.7MTrades / tape4.6MLiquidations1.3KLiquidation heatmapVPIN / toxicityOI & positioningFull snapshots3.5K
What you will see
  1. BTWUSDT fell as much as 38.1% and finished 27.2% below its recorded baseline. The event lasted 59h 3m.
  2. $1.2M liquidated, largest reported liquidation $16K.
  3. Capitulation wick of 3.7% at 05:05 UTC.
  4. No cause was auto-detected for this move; replay the order book and tape to read it yourself.