SLXUSDT rose 41.2% intraperiod, then round-tripped to finish 7.3% above its starting price.

Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The short squeeze label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

1. SLXUSDT rose 41.2% intraperiod, then round-tripped to finish 7.3% above its starting price. The event lasted 4h 46m.
2. Liquidations skewed to the short side: a short squeeze, not just a move.
3. $2.3M liquidated, largest single fill $1.0M.
4. First forced-sell at 17:23 UTC, longs liquidated.
5. $1.4M force-liquidated in about a minute from 18:14 UTC.
6. Capitulation wick of 9.5% at 18:15 UTC.
7. Open interest peaked at $34.3M (18:15 UTC) before the unwind.
8. Gave back half of the move by 18:25 UTC.