Price touched +5% or higher
- When this held
- 22.7% · 117 of 515 minutes
- Other minutes
- 33.3% · 7,278,468 of 21,861,633 minutes
Large USD OI change with liquidations
Absolute USD open-interest change over roughly five minutes has a rolling z-score/normal-CDF score of at least 0.90, alongside at least $1M reported liquidations in the trailing hour. Falling OI also qualifies; price affects USD OI. No signed contract-growth requirement.
Recorded window: 6 Sept 2026 to 5 Oct 2026 (UTC). Counted 6 Oct 2026 at 07:58 UTC.
Read it in context
On one market
Each market page compares that market with its own minutes, not with every market at once.
Test it, then plan it
Narrow it to your markets and dates in the Workbench. A tested result leads to Plan a trade, which measures what trading it would have paid after costs.
By market
Results vary by market. Compare a market before drawing a conclusion.
How results varied by market
Range across 5 markets with at least 30 measured: reached +5% within 24 hours in 12 of 161 on BTCUSDT (7%) to 32 of 55 on ZECUSDT (58%).
Every market pooled, without context
What happened in the next 24 hours?
Both moves were less common than on minutes without it.
Other minutes are the same markets and dates without this condition. Each percentage is the share of measured minutes that reached that move from the starting price.
Price touched −10% or lower
- When this held
- 4.5% · 23 of 515 minutes
- Other minutes
- 6.2% · 1,348,278 of 21,861,633 minutes
Price can touch both levels within the same 24 hours.
Every matching minute counts, so one long run adds many near-identical minutes. Busy markets weigh most.
Every condition is measured over the same 24 hours, whatever the length of its own reading. Other windows and move sizes shows shorter and longer windows.
This counts how often price touched a level, not what trading it would have paid.
Sample and counting
Rates use the 515 of 521 matches, pooled across 524 markets, with a full 24 hours after them. The 6 newer ones are left out, not counted as zero.
When it happened
About 17 a day, on 28 of 31 days: spread through the record rather than one event.
Other windows and move sizes
| Move | 1 hour | 4 hours | 24 hours | 72 hours | 7 days |
|---|---|---|---|---|---|
| Measured | 521 | 521 | 515 | 500 | 441 |
| Too recent | 0 | 0 | 6 | 21 | 80 |
| +0.1% or more | 457 (87.7%) | 482 (92.5%) | 495 (96.1%) | 489 (97.8%) | 437 (99.1%) |
| +0.2% or more | 398 (76.4%) | 448 (86.0%) | 485 (94.2%) | 485 (97.0%) | 436 (98.9%) |
| +0.5% or more | 250 (48.0%) | 340 (65.3%) | 436 (84.7%) | 471 (94.2%) | 427 (96.8%) |
| +1% or more | 144 (27.6%) | 226 (43.4%) | 368 (71.5%) | 444 (88.8%) | 414 (93.9%) |
| +2% or more | 72 (13.8%) | 111 (21.3%) | 253 (49.1%) | 372 (74.4%) | 379 (85.9%) |
| +5% or more | 24 (4.6%) | 37 (7.1%) | 117 (22.7%) | 226 (45.2%) | 297 (67.3%) |
| +10% or more | 13 (2.5%) | 19 (3.6%) | 38 (7.4%) | 72 (14.4%) | 152 (34.5%) |
| +15% or more | 9 (1.7%) | 14 (2.7%) | 23 (4.5%) | 43 (8.6%) | 91 (20.6%) |
| +20% or more | 8 (1.5%) | 11 (2.1%) | 16 (3.1%) | 31 (6.2%) | 56 (12.7%) |
| +30% or more | 7 (1.3%) | 9 (1.7%) | 11 (2.1%) | 16 (3.2%) | 37 (8.4%) |
| +50% or more | 3 (0.6%) | 5 (1.0%) | 7 (1.4%) | 8 (1.6%) | 11 (2.5%) |
| +100% or more | 1 (0.2%) | 3 (0.6%) | 5 (1.0%) | 5 (1.0%) | 6 (1.4%) |
| +200% or more | 1 (0.2%) | 3 (0.6%) | 3 (0.6%) | 3 (0.6%) | 3 (0.7%) |
| +400% or more | 0 (0.0%) | 2 (0.4%) | 2 (0.4%) | 2 (0.4%) | 2 (0.5%) |
| −0.1% or lower | 441 (84.6%) | 472 (90.6%) | 496 (96.3%) | 493 (98.6%) | 436 (98.9%) |
| −0.2% or lower | 382 (73.3%) | 437 (83.9%) | 483 (93.8%) | 489 (97.8%) | 433 (98.2%) |
| −0.5% or lower | 223 (42.8%) | 327 (62.8%) | 428 (83.1%) | 456 (91.2%) | 410 (93.0%) |
| −1% or lower | 122 (23.4%) | 218 (41.8%) | 352 (68.3%) | 416 (83.2%) | 380 (86.2%) |
| −2% or lower | 51 (9.8%) | 100 (19.2%) | 215 (41.7%) | 321 (64.2%) | 330 (74.8%) |
| −5% or lower | 15 (2.9%) | 24 (4.6%) | 68 (13.2%) | 98 (19.6%) | 135 (30.6%) |
| −10% or lower | 8 (1.5%) | 11 (2.1%) | 23 (4.5%) | 39 (7.8%) | 45 (10.2%) |
| −15% or lower | 5 (1.0%) | 8 (1.5%) | 10 (1.9%) | 14 (2.8%) | 19 (4.3%) |
| −20% or lower | 4 (0.8%) | 6 (1.2%) | 10 (1.9%) | 11 (2.2%) | 14 (3.2%) |
| −30% or lower | 3 (0.6%) | 3 (0.6%) | 7 (1.4%) | 8 (1.6%) | 9 (2.0%) |
| −50% or lower | 2 (0.4%) | 2 (0.4%) | 2 (0.4%) | 7 (1.4%) | 7 (1.6%) |
Each window counts only matches old enough for it, so a longer window can show fewer.
Distributions and daily counts
Upside reached · 24hThe most price moved up within 24 hours of each match: a high-water mark, never a close. 515 with a complete 24 hours.
Drawdown · 24hThe worst price moved against within 24 hours of each match: the deepest point, never the close. 515 with a complete 24 hours.
Price 30 minutes laterForward 30-minute returns across 520 matches: close to an even split, which is what a coin flip looks like. 1 too recent.
Matches per UTC day
- 6 Sep24 matches
- 7 Sep11 matches
- 8 Sep12 matches
- 9 Sep25 matches
- 10 Sep22 matches
- 11 Sep24 matches
- 12 Sep1 match
- 13 Sep20 matches
- 14 Sep25 matches
- 15 Sep27 matches
- 16 Sep16 matches
- 17 Sep18 matches
- 18 Sep35 matches
- 19 Sep14 matches
- 20 Sep17 matches
- 21 Sep39 matches
- 22 Sep19 matches
- 23 Sep31 matches
- 24 Sep0 matches
- 25 Sep0 matches
- 26 Sep10 matches
- 27 Sep12 matches
- 28 Sep31 matches
- 29 Sep17 matches
- 30 Sep13 matches
- 1 Oct12 matches
- 2 Oct24 matches
- 3 Oct1 match
- 4 Oct10 matches
- 5 Oct11 matches
- 6 Oct0 matches
How this is counted
- Each rate counts only matches with the full window after them.
- A minute where a reading was missing is left out and reported, not read as zero.
- The condition picks the setup, never the outcome: a definition that filters on what followed is rejected (OUTCOME_IN_PREDICATE). Every match is measured, winners and losers alike.
- "Other minutes" is every other eligible minute in the same markets and window. It is a reference, not a control group.
- "Reached +5%" uses the highest price inside the window (maximum favourable excursion, MFE); "fell to −10%" uses the lowest (maximum adverse excursion, MAE). Neither is the close.
- Checked 22,580,020 eligible market-minutes (eligible_symbol_buckets) on 524 markets, 2026-09-06 00:00 to 2026-10-06 00:00 UTC.
- These counts pool every market, so markets that match often weigh more. Each market page compares that market with its own reference.
- Live status is not connected yet, so this page is recorded history only.
Reproducibility key (q#042d207d)
The key that re-runs this exact count. Same key, same bytes; when the record grows, the dataset revision changes.
- grammar
- research_query.v2
- normalization
- archive_normalization.v1
- feature library
- feature_defs.v1
- dataset revision
- 088083f2ea5ebd5757745f644c2cd5525f58f9d525ea6912e83eb2a0b1cc6b3b
- query hash
- 042d207d9d86ab3dc6d4a9663f658cf55b77cae196e53f45d9e31005a64340d0
- scanned window
- 2026-09-06T00:00:00.000Z to 2026-10-06T00:00:00.000Z (UTC)
Re-run over the API
The exact search definition behind this count. Send it to the key-authed research API (or the MCP research tool) and compare the bytes; a cached rerun is free.
{
"schema_version": "research_query.v2",
"normalization_version": "archive_normalization.v1",
"feature_version": "feature_defs.v1",
"target": "record_occurrences",
"where": {
"all": [
[
"feature.oi_velocity_pctrank",
"gte",
0.9
],
[
"feature.liq_notional_usd_1h",
"gte",
1000000
],
[
"times.anchor_time",
"between",
[
"2026-09-06T00:00:00.000Z",
"2026-10-06T00:00:00.000Z"
]
]
]
},
"sort": [
"times.anchor_time",
"desc"
],
"page": {
"limit": 50,
"cursor": null
}
}curl -s https://app.edgedepth.com/api/v1/research/query \
-H 'authorization: Bearer $EDGEDEPTH_API_KEY' \
-H 'content-type: application/json' \
-d '{"schema_version":"research_query.v2","normalization_version":"archive_normalization.v1","feature_version":"feature_defs.v1","target":"record_occurrences","where":{"all":[["feature.oi_velocity_pctrank","gte",0.9],["feature.liq_notional_usd_1h","gte",1000000],["times.anchor_time","between",["2026-09-06T00:00:00.000Z","2026-10-06T00:00:00.000Z"]]]},"sort":["times.anchor_time","desc"],"page":{"limit":50,"cursor":null}}'