ZKPUSDT rose as much as 30.9% and finished 22.8% 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 short squeeze label describes the detected event class, so a later reversal changes the net move without silently changing the classification.

1. ZKPUSDT rose as much as 30.9% and finished 22.8% above its starting price. The event lasted 8h 1m.
2. Liquidations skewed to the short side: a short squeeze, not just a move.
3. $298K liquidated, largest single fill $7K.
4. First forced-sell at 01:13 UTC, shorts liquidated.
5. Capitulation wick of 4.8% at 02:40 UTC.
6. Open interest peaked at $4.6M (04:46 UTC) before the unwind.
7. A descending trendline broke out at 02:53 UTC (85% confidence).
8. Funding flipped negative at 02:39 UTC (-0.010%).