MAGMAUSDTCrashAUG 23, 2026 · 01:00 UTC · BINANCEFMAGMAUSDT fell as much as 26.5% and finished 19.4% below its starting price.
PEAK MOVE -26.5% · NET MOVE -19.4% · TOTAL LIQUIDATED $52K · MAX SINGLE LIQ $5K · DURATION 6h 45m · VOLUME $10.6M
Crash
PEAK-26.5%MAGMAUSDT · BINANCEF · 15MWHY 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
01:01 UTCFirst forced-selllongs liquidated · $19▶ REPLAY05:10 UTCLow$0.2301▶ REPLAY06:34 UTCLargest liquidationshorts liquidated · $5K▶ REPLAYDATA INCLUDED IN THIS REPLAY
Order book (L2)490KTrades / tape278KLiquidations93Liquidation heatmapVPIN / toxicityOI & positioning
WHAT YOU'LL SEE IN THE REPLAY
- MAGMAUSDT fell as much as 26.5% and finished 19.4% below its starting price. The event lasted 6h 45m.
- $52K liquidated, largest single fill $5K.
- First forced-sell at 01:01 UTC, longs liquidated.
- 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 01:00 UTC · PROPOSES A DEFINITION
