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MAGFrom

MAGMAUSDT volatility spike on September 4, 2026

MAGMAUSDT rose 20.1% at its peak, then round-tripped to finish 6.8% above its recorded baseline.

Investigate MAGMAUSDT →Research the setup at 18:16 UTC →Arm this alert →Current MAGMA liquidation heatmap →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
+20.1%
Net move
+6.8%
Reported liquidations
$185K
Largest liquidation
$6K
Duration
28h
Volume
$68.3M
Volatility spikeBinance
09-04 11:16 to 09-06 05:16 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-06 05:05 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.
Rise to the highRetrospective phase · $78K shorts reported liquidated · $73K longs reported liquidated · contract OI -0.4% · +19.9%Volume climax$891KLarge rejecting wick3.2% of closeOI peak$7.6MHigh$0.2942After the extremeRetrospective phase · $6K shorts reported liquidated · $28K longs reported liquidated · contract OI -6.9% · -11.2%
3 more momentsFlash move-9.3%Gave back half69% retracedLargest long-liquidation minuteReported total over one minute; selected retrospectively · $11K

Research markers

Why the volatility spike label?

Volatility spike describes the recorded price move. It does not identify its cause.

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: 2026-09-04T18:16:19.285Z to 2026-09-05T22:16:19.286Z.
  • Recorded baseline: $0.24493. High: $0.29424. End: $0.26163.
  • The volatility spike 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)2.7MTrades / tape1.8MLiquidations378Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.7K
What you will see
  1. MAGMAUSDT rose 20.1% at its peak, then round-tripped to finish 6.8% above its recorded baseline. The event lasted 28h.
  2. $185K liquidated, largest reported liquidation $6K.
  3. Capitulation wick of 3.2% at 05:23 UTC.
  4. Open interest peaked at $7.6M (18:29 UTC) before the unwind.
  5. Gave back half of the move by 18:42 UTC.
  6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.