FOGOUSDT rallied 22.5% intraperiod, then reversed to finish 7.9% below 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 long squeeze label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

1. FOGOUSDT rallied 22.5% intraperiod, then reversed to finish 7.9% below its starting price. The event lasted 9h 14m.
2. Liquidations skewed to the long side: a long squeeze, not just a move.
3. $547K liquidated, largest single fill $11K.
4. First forced-sell at 17:21 UTC, shorts liquidated.
5. Capitulation wick of 6.7% at 20:30 UTC.
6. Open interest peaked at $3.6M (21:45 UTC) before the unwind.
7. Funding flipped positive at 01:37 UTC (+0.005%).
8. Gave back half of the move by 22:40 UTC.