FRAX — Volume Spike Detected

04 Apr 2026, 05:52 UTC | NavScope Market Event

What Happened

NavScope detected a significant volume spike for FRAX at 05:52 UTC. One-minute trading volume reached $8658 USDT, significantly exceeding the rolling average.

Metrics at Detection

• VWAP Price: $0.4079
• 1-Minute Volume: $8658
• 24-Hour Rolling Volume: $25567
• 1-Hour Change: -0.35%
• Active Exchanges: 10
• HHI (Liquidity Concentration): 0.2748

Analysis

Volume spikes of this magnitude across 10 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 0.94% spread between blofin and htx 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.