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MAGFrom

MAGMAUSDT crash on September 2, 2026

MAGMAUSDT fell as much as 33.6% and finished 26.2% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as -37.1% at the peak).

Investigate MAGMAUSDT →Research the setup at 19:09 UTC →Arm this alert →Current MAGMA liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-33.6%
Net move
-26.2%
Reported liquidations
$719K
Largest liquidation
$77K
Duration
12h
Volume
$101M
CrashBinance
09-02 16:09 to 09-03 10:09 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-03 09:55 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 · $507K shorts reported liquidated · $196K longs reported liquidated · contract OI -29.4% · -33.8%Flash move+14.0%OI peak$22.9MLargest short-liquidation minuteReported total over one minute; selected retrospectively · $344KVolume climax$6.2MLiquidation burstshorts liquidated · $344K
5 more momentsLargest liquidationshorts liquidated · $77KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $15KLarge rejecting wick1.9% of closeLow$0.3669After the extremeRetrospective phase · $12K shorts reported liquidated · $4K longs reported liquidated · contract OI +0.1% · +11.7%

Research markers

Why the crash label?

These observations support the label. They do not show what caused the move or who started it.

No cause signal cleared the confidence threshold in this window; labelled by price shape only.

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: 2026-09-02T19:09:31.281Z to 2026-09-03T07:09:31.281Z.
  • Recorded baseline: $0.553. High: $0.69404. End: $0.40823.
  • The crash 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)1.3MTrades / tape1.1MLiquidations677Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots721
What you will see
  1. MAGMAUSDT fell as much as 33.6% and finished 26.2% below its recorded baseline. The event lasted 12h.
  2. $719K liquidated, largest reported liquidation $77K.
  3. $344K force-liquidated in about a minute from 21:44 UTC.
  4. Capitulation wick of 1.9% at 05:00 UTC.
  5. Open interest peaked at $22.9M (21:44 UTC) before the unwind.
  6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.