edgedepthEARLY ACCESSSign in
Menu
Terminal
ResearchResearch hubResearch WorkbenchInvestigate a moveLiquidation mapsPublished reportsDaily briefEvent archiveSaved studiesLive alertsMarketsData coverage
LearnGuidesReading libraryWorked examplesGuided lessonsFAQ
DevelopersAPI documentationMCP setupConnect an AI agentOpen source
Pricing
ZERFrom

ZEREBROUSDT volatility spike on October 16, 2026

ZEREBROUSDT fell 3.7% at its peak, then round-tripped to finish 0.9% below its recorded baseline.

Investigate ZEREBROUSDT →Research the setup at 21:41 UTC →🔒 Replay with Pro →

Free replays cover the last 7 days and selected events.

Peak move
-3.7%
Net move
-0.9%
Reported liquidations
$106K
Largest liquidation
$12K
Duration
4h 2m
Volume
$10.0M
Volatility spikeBinance
10-16 20:40 to 10-17 02:43 UTC · 5m candles
Key moments
Estimated liquidation zones

Candle-based estimates, not observed liquidation orders. As of 2026-10-17 02:30 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 · $3K shorts reported liquidated · $36K longs reported liquidated · contract OI -2.0% · -3.7%Large rejecting wick1.6%Volume climax$348KLargest long-liquidation minuteReported total over one minute; selected retrospectively · $24KLargest liquidationlongs liquidated · $12KLow$0.03223
4 more momentsAfter the extremeRetrospective phase · $37K shorts reported liquidated · $30K longs reported liquidated · contract OI -0.3% · +2.9%Recovered half58% retracedLargest short-liquidation minuteReported total over one minute; selected retrospectively · $18KFlash move+2.2%

Research markers

Why the volatility spike 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: 2026-10-16T21:41:00.000Z to 2026-10-17T01:43:00.000Z.
  • Recorded baseline: $0.03346. High: $0.034397. End: $0.033154.
  • Detected Oct 16, 2026 · 21:47 UTC. Episode baseline $0.03346 at Oct 16, 2026 · 21:41 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)409KTrades / tape146KLiquidations102Liquidation heatmapVPIN / toxicityOI & positioningFull snapshots243
What you will see
  1. ZEREBROUSDT fell 3.7% at its peak, then round-tripped to finish 0.9% below its recorded baseline. The event lasted 4h 2m.
  2. $106K liquidated, largest reported liquidation $12K.
  3. Capitulation wick of 1.6% at 21:59 UTC.
  4. Clawed back half of the move by 00:01 UTC.
  5. No cause was auto-detected for this move; replay the order book and tape to read it yourself.