edgedepthEARLY ACCESSSign in
Menu
Terminal
Recent moves
ResearchResearch hubResearch WorkbenchInvestigate a moveLiquidation mapsPublished reportsDaily briefEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
ETHFrom

ETHUSDT volatility spike on September 13, 2026

ETHUSDT fell as much as 6.4% and finished 4.9% below its recorded baseline.

Investigate ETHUSDT →Research the setup at 06:44 UTC →Current ETH liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-6.4%
Net move
-4.9%
Reported liquidations
$173M
Largest liquidation
$11.8M
Duration
72h
Volume
$32.59B
Volatility spikeBinance
09-12 12:44 to 09-17 00:44 UTC · 1h candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-17 00:30 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 · $60.8M shorts reported liquidated · $105M longs reported liquidated · contract OI -0.4% · -6.4%Pattern breakdouble bottom · 92%Funding flipped negative-0.005%Largest short-liquidation minuteReported total over one minute; selected retrospectively · $13.9MOI peak$6.15BLargest long-liquidation minuteReported total over one minute; selected retrospectively · $17.0M
5 more momentsLargest liquidationlongs liquidated · $11.8MLarge rejecting wick1.6% of closeVolume climax$472MLow$2,357After the extremeRetrospective phase · $2.9M shorts reported liquidated · $3.8M longs reported liquidated · contract OI +1.0% · +1.7%

Research markers

Why the volatility spike label?

Volatility spike describes the recorded price move. It does not identify its cause.

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: 2026-09-13T06:44:00.000Z to 2026-09-16T06:44:00.000Z.
  • Recorded baseline: $2,518.47. High: $2,614.99. End: $2,396.19.
  • Detected Sep 15, 2026 · 18:44 UTC. Episode baseline $2,518 at Sep 13, 2026 · 06:44 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)9.7MTrades / tape4.2MLiquidations3.6KLiquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. ETHUSDT fell as much as 6.4% and finished 4.9% below its recorded baseline. The event lasted 72h.
  2. $173M liquidated, largest reported liquidation $11.8M.
  3. Capitulation wick of 1.6% at 18:37 UTC.
  4. Open interest peaked at $6.15B (20:24 UTC) before the unwind.
  5. A double bottom broke out at 07:22 UTC (92% confidence).
  6. Funding flipped negative at 16:16 UTC (-0.005%).
  7. No cause was auto-detected for this move; replay the order book and tape to read it yourself.