BUSDT crashed 11.8% in 1m window from $0.3866 to $0.3411 (peak: $0.3888) over 4h 30m
WHY THIS LABEL
No cause signal in range — shape only; replay to judge it.
WHAT YOU'LL SEE IN THE REPLAY
1A -25.6% sell-off over 4h 31m, peaking before a -11.8% net close.
2$164K liquidated, largest single fill $26K.
3First forced-sell at 09:27 UTC, longs liquidated.
4Capitulation wick of 14.1% at 09:55 UTC.
5Clawed back half of the move by 10:00 UTC.
6The cause isn't auto-classified yet; replay the order book and tape and read it for yourself.
KEY MOMENTS
09:27 UTCFirst forced-selllongs liquidated · $17▶ REPLAY09:55 UTCCapitulation wick14.1%▶ REPLAY09:55 UTCFlash move-7.1%▶ REPLAY09:55 UTCLow$0.2878▶ REPLAY09:55 UTCVolume climax$7.1M▶ REPLAY09:57 UTCLargest liquidationlongs liquidated · $26K▶ REPLAY10:00 UTCRecovered half57% retraced▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK