MLNFrom

MLNUSDT volatility spike on May 16, 2026

MLNUSDT fell as much as 17.2% and finished 14.3% below its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
-17.2%
Net move
-14.3%
Reported liquidations
$41K
Largest liquidation
$9K
Duration
28h 9m
Volume
$9.3M
Volatility spikeBinance
05-16 11:28 to 05-18 05:41 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-18 05:30 UTC.

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: 2026-05-16T18:30:16.209Z to 2026-05-17T22:39:16.215Z.
  • Recorded baseline: $2.788. High: $2.992. End: $2.388.
  • 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)1.6MTrades / tape76.5KLiquidations66Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots1.7K
What you will see
  1. MLNUSDT fell as much as 17.2% and finished 14.3% below its recorded baseline. The event lasted 28h 9m.
  2. $41K liquidated, largest reported liquidation $9K.
  3. First reported liquidation in this archive at 18:36 UTC, shorts liquidated.
  4. Capitulation wick of 3.1% at 22:36 UTC.
  5. Funding flipped positive at 22:32 UTC (+0.005%).
  6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.