← Events / VELVETUSDT / SqueezePERMALINK 20260606_132521_VELVETUSDT
VELVELVETUSDTShort squeezeJUN 5, 2026 · 11:25 UTC · BINANCEF

VELVETUSDT fell 26.9% intraperiod, then reversed to finish 22.5% above its starting price.

Short squeeze
PEAK-26.9%VELVETUSDT · BINANCEF · 30M
WHY THIS LABEL
confidence 0.72shorts liquidated 72%liquidations $635K
HOW THIS EVENT IS MEASURED

Peak move is the largest signed price excursion from the event's starting price. Net move is the start-to-finish change. The short squeeze label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

Data provenance and methodology →
WHAT YOU'LL SEE IN THE REPLAY
  1. VELVETUSDT fell 26.9% intraperiod, then reversed to finish 22.5% above its starting price. The event lasted 28h.
  2. Liquidations skewed to the short side: a short squeeze, not just a move.
  3. $635K liquidated, largest single fill $9K.
  4. First forced-sell at 11:37 UTC, longs liquidated.
  5. Capitulation wick of 4.3% at 10:30 UTC.
  6. Open interest peaked at $10.5M (14:13 UTC) before the unwind.
  7. Funding hit extreme (positive) at 04:17 UTC (+0.050%).
  8. Clawed back half of the move by 12:45 UTC.