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SPXFrom

SPXUSDT crash on September 23, 2026

SPXUSDT fell as much as 13.7% and finished 6.0% below its recorded baseline.

Investigate SPXUSDT →Research the setup at 11:00 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-13.7%
Net move
-6.0%
Reported liquidations
$161K
Largest liquidation
$18K
Duration
48h
Volume
$43.2M
CrashBinance
09-22 23:00 to 09-25 23:00 UTC, including time outside the archive window · 30m candlesLow $0.4177 · high $0.5388
Key moments Modelled liquidation zones as of 22:50 UTC. Candle-based estimates, not observed liquidation orders.

Key moments

Times in UTC. Select one to replay from that minute.
First reported liquidationlongs liquidated · $76Pattern breakdouble topCapitulation wick2.4%Low$0.4177Largest liquidationlongs liquidated · $18KPattern breakdescending trendline

Research markers

Why the crash 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: 2026-09-23T11:00:00.000Z to 2026-09-25T11:00:00.000Z.
  • Recorded baseline: $0.4838. High: $0.5007. End: $0.4547.
  • Detected Sep 21, 2026 · 14:45 UTC. Episode baseline $0.4499 at Sep 20, 2026 · 11:00 UTC.
  • The crash 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)3.4MTrades / tape469KLiquidations151Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. SPXUSDT fell as much as 13.7% and finished 6.0% below its recorded baseline. The event lasted 48h.
  2. $161K liquidated, largest reported liquidation $18K.
  3. First reported liquidation in this archive at 11:18 UTC, longs liquidated.
  4. Capitulation wick of 2.4% at 02:30 UTC.
  5. A double top broke out at 16:09 UTC.
  6. No cause was auto-detected for this move; replay the order book and tape to read it yourself.