Token C experienced extreme volatility over the weekend, nearly doubling in value before surrendering most gains as large liquidations cascaded through the market. The token surged approximately 100% starting Saturday around 10:48 Moscow Standard Time, quickly climbing to the second position in open interest gains within an hour, only to reverse sharply the following day.
The rally reversed when significant selling pressure emerged Sunday beginning at approximately 10:14 MST. From 14:09 MST onward, the token consistently ranked among the top losers by open interest decline, triggering cascading liquidations that erased the majority of weekend gains. The sharp reversal highlights the risks inherent in highly leveraged positions during volatile market microstructure events.