PHAFrom

PHAUSDT volatility spike on September 22, 2026

PHAUSDT rose 11.4% at its peak, then round-tripped to finish 2.3% above its recorded baseline.

Free replays cover the last 7 days and selected events.

Peak move
+11.4%
Net move
+2.3%
Reported liquidations
$100K
Largest liquidation
$6K
Duration
25h 50m
Volume
$16.9M
Volatility spikeBinance
09-22 13:01 to 09-24 03:46 UTC, including time outside the archive window · 15m candlesLow $0.04473 · high $0.05123
Key moments Modelled liquidation zones as of 03:35 UTC. Candle-based estimates, not observed liquidation orders.

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: 2026-09-22T19:29:00.000Z to 2026-09-23T21:19:00.000Z.
  • Recorded baseline: $0.04597. High: $0.05123. End: $0.04701.
  • Detected Sep 22, 2026 · 19:30 UTC. Episode baseline $0.04597 at Sep 22, 2026 · 19:29 UTC.
  • 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)1.7MTrades / tape272KLiquidations160Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. PHAUSDT rose 11.4% at its peak, then round-tripped to finish 2.3% above its recorded baseline. The event lasted 25h 50m.
  2. $100K liquidated, largest reported liquidation $6K.
  3. First reported liquidation in this archive at 19:35 UTC, shorts liquidated.
  4. A double bottom broke out at 01:37 UTC.
  5. No cause was auto-detected for this move; replay the order book and tape to read it yourself.