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SPXFrom

SPXUSDT volatility spike on September 27, 2026

SPXUSDT fell as much as 14.0% and finished 8.7% below its recorded baseline.

Investigate SPXUSDT →Research the setup at 10:48 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-14.0%
Net move
-8.7%
Reported liquidations
$223K
Largest liquidation
$45K
Duration
48h 57m
Volume
$22.4M
Volatility spikeBinance
09-26 22:33 to 09-29 23:59 UTC · 30m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-09-29 23:45 UTC.

Key moments

Times in UTC. Select one to replay from that minute. Phase totals and extremes are retrospective; sequence details show when the closed-minute reading was known.
Fall to the lowRetrospective phase · $4K shorts reported liquidated · $218K longs reported liquidated · contract OI -10.3% · -14.0%OI peak$4.8MPattern breakdescending trendline · 83%Range brokenDownward move · reference $0.4421 · trades 1.9×, volume 11.9× (5m average / prior 60m median) · known at 22:04:00 UTC close · $0.4416Back inside the broken rangeDownward move · reference $0.4421 · trades 1.5×, volume 9.9× (5m average / prior 60m median) · known at 22:05:00 UTC close · $0.4422Flash move-1.4%
6 more momentsPattern breakdouble top · 95%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $50KVolume climax$415KLow$0.3921Largest liquidationlongs liquidated · $45KAfter the extremeRetrospective phase · $418 shorts reported liquidated · $924 longs reported liquidated · contract OI -4.8% · +6.2%

Research markers

Why the volatility spike label?

Volatility spike describes the recorded price move. It does not identify its cause.

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: 2026-09-27T10:48:00.000Z to 2026-09-29T11:45:00.000Z.
  • Recorded baseline: $0.4561. High: $0.4583. End: $0.4164.
  • Detected Sep 27, 2026 · 11:45 UTC. Episode baseline $0.4561 at Sep 27, 2026 · 10:48 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)2.8MTrades / tape264KLiquidations84Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. SPXUSDT fell as much as 14.0% and finished 8.7% below its recorded baseline. The event lasted 48h 57m.
  2. $223K liquidated, largest reported liquidation $45K.
  3. Open interest peaked at $4.8M (19:19 UTC) before the unwind.
  4. A descending trendline broke out at 21:58 UTC (83% confidence).
  5. No cause was auto-detected for this move; replay the order book and tape to read it yourself.