MLNUSDTCrashMAY 18, 2026 · 23:17 UTC · BINANCEFMLNUSDT fell as much as 26.5% and finished 25.5% below its starting price.
PEAK MOVE -26.5% · NET MOVE -25.5% · TOTAL LIQUIDATED $17K · MAX SINGLE LIQ $8K · DURATION 12h 1m · VOLUME $3.2M
WHY 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
23:22 UTCFirst forced-selllongs liquidated · $2K▶ REPLAY00:00 UTCLargest liquidationlongs liquidated · $8K▶ REPLAY00:14 UTCFunding hit extreme (positive)+0.051%▶ REPLAY03:35 UTCFlash move+2.5%▶ REPLAY05:10 UTCCapitulation wick3.0%▶ REPLAY08:20 UTCLow$2.242▶ REPLAY08:25 UTCVolume climax$224K▶ REPLAYDATA INCLUDED IN THIS REPLAY
Order book (L2)591KTrades / tape33.0KLiquidations19Liquidation heatmapVPIN / toxicityOI & positioning
WHAT YOU'LL SEE IN THE REPLAY
- MLNUSDT fell as much as 26.5% and finished 25.5% below its starting price. The event lasted 12h 1m.
- $17K liquidated, largest single fill $8K.
- First forced-sell at 23:22 UTC, longs liquidated.
- Capitulation wick of 3.0% at 05:10 UTC.
- Funding hit extreme (positive) at 00:14 UTC (+0.051%).
- No cause was auto-detected for this move; replay the order book and tape to read it yourself.
🔒 Upgrade to replay the full archive
FREE COVERS THE LAST 7 DAYS + FREE PICKS · PRO UNLOCKS ALL ARCHIVED
⌖ Research this moment
READS EVERY TRACKED FEATURE AT 23:17 UTC · PROPOSES A DEFINITION
