PHBUSDT fell as much as 34.3% and finished 30.5% below its starting price.
Crash
PEAK-34.3%PHBUSDT · BINANCEF · 5MWHY 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 →WHAT YOU'LL SEE IN THE REPLAY
- PHBUSDT fell as much as 34.3% and finished 30.5% below its starting price. The event lasted 6h 1m.
- Moved with 3 other symbols in the same window: possible contagion.
- $101K liquidated, largest single fill $9K.
- First forced-sell at 07:06 UTC, shorts liquidated.
- Capitulation wick of 5.1% at 08:05 UTC.
- Funding flipped negative at 11:17 UTC (-0.006%).
- No cause was auto-detected for this move; replay the order book and tape to read it yourself.
KEY MOMENTS
07:06 UTCFirst forced-sellshorts liquidated · $23▶ REPLAY08:00 UTCFlash move-19.8%▶ REPLAY08:00 UTCVolume climax$3.1M▶ REPLAY08:05 UTCCapitulation wick5.1%▶ REPLAY08:07 UTCLargest liquidationlongs liquidated · $9K▶ REPLAY10:25 UTCLow$0.0864▶ REPLAY11:17 UTCFunding flipped negative-0.006%▶ REPLAY
EACH MOMENT DEEP-LINKS INTO THE TERMINAL AT THAT TICK
RELATED EVENTS
3 co-moving symbols sold off in this same window: clustered by cross-symbol VPIN (toxicity) co-movement, not return correlation.
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