MAGMAUSDTCrashSEP 3, 2026 · 11:10 UTC · BINANCEFMAGMAUSDT fell as much as 54.3% and finished 51.7% below its starting price.
PEAK MOVE -54.3% · NET MOVE -51.7% · TOTAL LIQUIDATED $175K · MAX SINGLE LIQ $7K · DURATION 12h 23m · VOLUME $37.1M
Crash
PEAK-54.3%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
11:12 UTCFirst forced-sellshorts liquidated · $3K▶ REPLAY22:55 UTCCapitulation wick4.6%▶ REPLAY23:04 UTCLargest liquidationlongs liquidated · $7K▶ REPLAY23:10 UTCLow$0.2664▶ REPLAYDATA INCLUDED IN THIS REPLAY
Order book (L2)1.0MTrades / tape660KLiquidations262Liquidation heatmapVPIN / toxicityOI & positioning
WHAT YOU'LL SEE IN THE REPLAY
- MAGMAUSDT fell as much as 54.3% and finished 51.7% below its starting price. The event lasted 12h 23m.
- $175K liquidated, largest single fill $7K.
- First forced-sell at 11:12 UTC, shorts liquidated.
- Capitulation wick of 4.6% at 22:55 UTC.
- 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 11:10 UTC · PROPOSES A DEFINITION
