FRAX — Volume Spike Detected

03 Apr 2026, 23:42 UTC | NavScope Market Event

What Happened

NavScope detected a significant volume spike for FRAX at 23:42 UTC. One-minute trading volume reached $14496 USDT, significantly exceeding the rolling average.

Metrics at Detection

• VWAP Price: $0.4113
• 1-Minute Volume: $14496
• 24-Hour Rolling Volume: $29911
• 1-Hour Change: -0.17%
• Active Exchanges: 8
• HHI (Liquidity Concentration): 0.4520

Analysis

Volume spikes of this magnitude across 8 exchanges indicate heightened market activity. Price movement was modest relative to the volume increase, which can indicate accumulation, distribution, or large OTC-style block trades.

A notable 12.49% spread between bitrue and coinone accompanied the spike, suggesting uneven order flow across venues.

Detected automatically by NavScope's intelligence pipeline. This is a market event notification, not financial advice.