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MUSDT volatility spike on June 26, 2026

MUSDT fell as much as 24.6% and finished 15.8% below its recorded baseline.

Investigate MUSDT →Research the setup at 00:46 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-24.6%
Net move
-15.8%
Reported liquidations
$410K
Largest liquidation
$11K
Duration
28h 1m
Volume
$87.9M
Volatility spikeBinance
06-25 17:46 to 06-27 11:47 UTC, including time outside the archive window · 15m candlesLow $0.6555 · high $1.0627
Key moments Modelled liquidation zones as of 11:35 UTC. Candle-based estimates, not observed liquidation orders.

Key moments

Times in UTC. Select one to replay from that minute.
First reported liquidationlongs liquidated · $33Funding flipped negative-0.006%Capitulation wick4.6%Low$0.6555Flash move+22.5%Recovered half85% retraced
3 more momentsVolume climax$6.1MLargest liquidationshorts liquidated · $11KOI peak$5.4M

Research markers

Why the volatility spike label?

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

No cause signal in range, shape only; replay to judge it.

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: 2026-06-26T00:46:59.621Z to 2026-06-27T04:47:28.824Z.
  • Recorded baseline: $0.8689. High: $1.012. End: $0.7312.
  • 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)2.5MTrades / tape842KLiquidations486Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. MUSDT fell as much as 24.6% and finished 15.8% below its recorded baseline. The event lasted 28h 1m.
  2. $410K liquidated, largest reported liquidation $11K.
  3. First reported liquidation in this archive at 01:06 UTC, longs liquidated.
  4. Capitulation wick of 4.6% at 03:00 UTC.
  5. Open interest peaked at $5.4M (06:24 UTC) before the unwind.
  6. Funding flipped negative at 01:39 UTC (-0.006%).
  7. Clawed back half of the move by 05:00 UTC.
  8. No cause was auto-detected for this move; replay the order book and tape to read it yourself.