MAGMAUSDTCrashJUL 1, 2026 · 11:56 UTC · BINANCEFMAGMAUSDT crashed 16.7% in 1m window from $0.4633 to $0.386 (peak: $0.4376) 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 -18.8% sell-off over 4h 31m, peaking before a -16.7% net close.
2$37K liquidated, largest single fill $11K.
3First forced-sell at 12:08 UTC, shorts liquidated.
4Capitulation wick of 3.9% at 12:25 UTC.
5Open interest peaked at $8.6M (12:14 UTC) before the unwind.
6The cause isn't auto-classified yet; replay the order book and tape and read it for yourself.
KEY MOMENTS
12:08 UTCFirst forced-sellshorts liquidated · $1K▶ REPLAY12:14 UTCOI peak$8.6M▶ REPLAY12:25 UTCCapitulation wick3.9%▶ REPLAY12:25 UTCFlash move-10.8%▶ REPLAY12:25 UTCVolume climax$1.3M▶ REPLAY12:33 UTCLargest liquidationlongs liquidated · $11K▶ REPLAY13:00 UTCLow$0.3744▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
