VELFrom

VELVETUSDT crash on May 23, 2026

VELVETUSDT fell 2.5% at its peak, then round-tripped to finish 0.3% below its recorded baseline.

Corrected 11 Oct 2026. This event's starting price was recorded from a stale reference, which overstated its move. Measured from the window's first one-minute open, the move does not reach the base threshold for its original label, so it is no longer listed. The recording and replay are unchanged.

Free replays cover the last 7 days and selected events.

Peak move
-2.5%
Net move
-0.3%
Reported liquidations
$808
Largest liquidation
$310
Duration
12h 1m
Volume
$435K
CrashBinance
05-23 04:46 to 05-23 22:47 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-05-23 22:35 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.
First reported liquidationlongs liquidated · $272Largest liquidationlongs liquidated · $310Low$0.09212Recovered half55% retracedVolume climax$12KFlash move+1.0%

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 cleared the confidence threshold in this window; labelled by price shape only.

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: 2026-05-23T07:46:46.211Z to 2026-05-23T19:47:16.210Z.
  • Recorded baseline: $0.09446. High: $0.09523. End: $0.0942.
  • 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)313KTrades / tape8.8KLiquidations6Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots721
What you will see
  1. VELVETUSDT fell 2.5% at its peak, then round-tripped to finish 0.3% below its recorded baseline. The event lasted 12h 1m.
  2. $808 liquidated, largest reported liquidation $310.
  3. First reported liquidation in this archive at 07:51 UTC, longs liquidated.
  4. Clawed back half of the move by 09:04 UTC.
  5. No cause was auto-detected for this move; replay the order book and tape to read it yourself.