VELVETUSDT rose as much as 34.9% and finished 21.6% 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 pump label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

1. VELVETUSDT rose as much as 34.9% and finished 21.6% above its starting price. The event lasted 8h 1m.
2. $320K liquidated, largest single fill $12K.
3. First forced-sell at 02:59 UTC, shorts liquidated.
4. Open interest peaked at $12.6M (07:42 UTC) before the unwind.
5. Funding flipped negative at 08:47 UTC (-0.006%).
6. Gave back half of the move by 08:15 UTC.
7. No cause was auto-detected for this move; replay the order book and tape to read it yourself.