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VELFrom

VELVETUSDT crash on August 24, 2026

VELVETUSDT fell as much as 21.9% and finished 13.7% below its recorded baseline.

Figures corrected 11 Oct 2026: measured from the window's first one-minute open (previously shown as -84.3% at the peak).

Investigate VELVETUSDT →Research the setup at 18:24 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-21.9%
Net move
-13.7%
Reported liquidations
$219K
Largest liquidation
$10K
Duration
12h
Volume
$72.0M
CrashBinance
08-24 15:24 to 08-25 09:24 UTC · 15m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-08-25 09:10 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 · $51K shorts reported liquidated · $139K longs reported liquidated · contract OI +18.0% · -21.0%Flash move-4.6%Largest long-liquidation minuteReported total over one minute; selected retrospectively · $36KVolume climax$1.9MLargest short-liquidation minuteReported total over one minute; selected retrospectively · $18KLarge rejecting wick6.0%
5 more momentsLow$0.1334After the extremeRetrospective phase · $16K shorts reported liquidated · $13K longs reported liquidated · contract OI +9.2% · +10.7%Funding flipped negative-0.005%Recovered half50% retracedOI peak$8.1M

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: 2026-08-24T18:24:13.911Z to 2026-08-25T06:24:23.015Z.
  • Recorded baseline: $0.1708. High: $0.1862. End: $0.1474.
  • 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)1.2MTrades / tape265KLiquidations293Liquidation heatmapVPIN / toxicityOI & positioning
What you will see
  1. VELVETUSDT fell as much as 21.9% and finished 13.7% below its recorded baseline. The event lasted 12h.
  2. $219K liquidated, largest reported liquidation $10K.
  3. Capitulation wick of 6.0% at 01:12 UTC.
  4. Open interest peaked at $8.1M (05:54 UTC) before the unwind.
  5. Funding flipped negative at 01:15 UTC (-0.005%).
  6. Clawed back half of the move by 01:40 UTC.
  7. No cause was auto-detected for this move; replay the order book and tape to read it yourself.