BUSDTCrashMAY 23, 2026 · 12:26 UTC · BINANCEFBUSDT fell as much as 44.5% and finished 42.6% below its starting price.
PEAK MOVE -44.5% · NET MOVE -42.6% · TOTAL LIQUIDATED $4K · MAX SINGLE LIQ $988 · DURATION 12h 1m · VOLUME $5.1M
WHY 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
13:06 UTCFirst forced-sellshorts liquidated · $295▶ REPLAY14:05 UTCFlash move+5.2%▶ REPLAY14:05 UTCLow$0.2501▶ REPLAY14:10 UTCRecovered half163% retraced▶ REPLAY22:57 UTCLargest liquidationlongs liquidated · $988▶ REPLAY00:05 UTCVolume climax$1.1M▶ REPLAYDATA INCLUDED IN THIS REPLAY
Order book (L2)394KTrades / tape29.9KLiquidations16Liquidation heatmapVPIN / toxicityOI & positioning
WHAT YOU'LL SEE IN THE REPLAY
- BUSDT fell as much as 44.5% and finished 42.6% below its starting price. The event lasted 12h 1m.
- $4K liquidated, largest single fill $988.
- First forced-sell at 13:06 UTC, shorts liquidated.
- Clawed back half of the move by 14:10 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 12:26 UTC · PROPOSES A DEFINITION
