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MAGFrom

MAGMAUSDT exchange outage on November 4, 2026

MAGMAUSDT fell as much as 32.1% and finished 28.3% below its recorded baseline.

Investigate MAGMAUSDT →Research the setup at 22:58 UTC →Arm this alert →Current MAGMA liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-32.1%
Net move
-28.3%
Reported liquidations
$212K
Largest liquidation
$5K
Duration
56h 53m
Volume
$71.9M
Exchange outageBinance
11-04 08:44 to 11-07 22:04 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-11-07 21:50 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 · $47K shorts reported liquidated · $142K longs reported liquidated · contract OI -11.7% · -32.1%Flash move+5.3%VPIN spike0.49OI peak$9.1MPattern breakdouble bottom · 100%Volume climax$1.3M
6 more momentsLarge rejecting wick6.8% of closeFunding flipped negative-0.005%Range brokenDownward move · reference $0.2692 · trades 1.6×, volume 2.7× (5m average / prior 60m median) · known at 19:22:00 UTC close · $0.2684Low$0.264After the extremeRetrospective phase · $9K shorts reported liquidated · $14K longs reported liquidated · contract OI -0.8% · +5.6%Back inside the broken rangeDownward move · reference $0.2692 · trades 1.6×, volume 2.9× (5m average / prior 60m median) · known at 19:39:00 UTC close · $0.2695

Research markers

Why the exchange outage label?

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

Label confidence 0.70 of 1venue feed gap in windowliquidations $212Kchart pattern confirmed

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: 2026-11-04T22:58:00.000Z to 2026-11-07T07:51:00.000Z.
  • Recorded baseline: $0.3889. High: $0.46. End: $0.27872.
  • Detected Nov 7, 2026 · 01:51 UTC. Episode baseline $0.3889 at Nov 4, 2026 · 22:58 UTC.
  • The exchange outage 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)3.7MTrades / tape1.0MLiquidations434Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots3.4K
What you will see
  1. MAGMAUSDT fell as much as 32.1% and finished 28.3% below its recorded baseline. The event lasted 56h 53m.
  2. $212K liquidated, largest reported liquidation $5K.
  3. Capitulation wick of 6.8% at 15:42 UTC.
  4. Open interest peaked at $9.1M (08:02 UTC) before the unwind.
  5. A double bottom broke out at 08:06 UTC (100% confidence).
  6. Funding flipped negative at 16:33 UTC (-0.005%).