LEO Token · LEO
LEO -1.0% to $8.81 after a thin 14:00–14:15 dip; OKX volume only $13K
LEO held flat at $8.91 for most of the window, then fell about 1% to $8.81 between 14:00 and 14:15 UTC. Our signals flagged the drop as large compared with LEO's normally tiny swings (1h z-score 11.55, low $8.77). The trading behind it was small: $13K on OKX, which is 322× a typical hour but still a tiny amount in dollars. Bitfinex wallet balances barely changed, and the evidence does not show a clear cause beyond thin-market selling while the wider market was slightly down.
What happened
- Price sat at $8.90–8.91 from 12:15 to 14:00 UTC, then dropped to $8.81 by 14:15. That is -1.01% over the window, -1.12% over 1h and -1.11% over 24h. E1
- CoinGraph fired two high-severity down signals. At 14:10 the 1h return was -1.571% with price at $8.77, a z-score of 11.55 against a 0.137% baseline. At 14:15 the 1h return was -1.122% with a z-score of 7.46. E8
- OKX LEO/USDT traded $13.0K in the last hour, against a typical hour of about $40 (322.6×). Most of it came in the 14:02–14:08 minutes, led by $8.1K at 14:05. Price slid from $8.93 at 14:02 to $8.856 at 14:08. E2
Likely causes
- 1.Thin-liquidity selling on venues covered by the evidence. A few thousand dollars of trading moved a token that usually trades almost nothing per hour, so the move looks larger than it is. (50%) E2E1E8
- 2.Mild risk-off market as a backdrop, though LEO fell more than BTC (-0.45%) or ETH (-0.26%). (25%) E5
- 3.No specific trigger appears in the evidence: no exchange inflow, news or onchain event explains the drop. (50%) E3E7
Onchain
- Known exchange wallets hold about 10.3M LEO. Bitfinex holds 10.21M ($91.0M, +0.01% vs 24h ago) and Gate 89.9K (unchanged). This shows no meaningful exchange inflow that would point to a large seller. E3
- The ETH base fee is 0.46 gwei against a 0.11 gwei 24h average, with blocks 49% full. Fees are higher than usual but still low in absolute terms, and nothing ties them to LEO. E4
Market context
- Over the window BTC fell 0.45% and ETH 0.26%; total crypto market cap is down 1.77% over 24h. LEO is not trending. E5
- Fear & Greed is at 69 (Greed), almost unchanged from 70 a week ago. E6
- CoinGecko lists 24h volume at only $236K against a $8.1B market cap (rank #18), so liquidity is very thin for the token's size. E1
What to watch
- Whether price recovers toward $8.91 or holds below $8.80 (window low $8.77 at 14:10)
- Bitfinex wallet balance changes, since it holds most exchange-held LEO
- Whether OKX hourly volume stays well above its ~$40 baseline
- How BTC and the total market move from here
Caveats
- Volume is tiny in dollars, so the high z-scores reflect how little LEO normally moves, not heavy selling.
- There is no order-book or trade data from Bitfinex, LEO's main venue, so the main source of the selling is not observed.
- There is no news or social data in the evidence, and CoinGecko's 100% positive sentiment is probably based on very few votes.
- The 15-minute price samples are coarse, and the intraminute path is only partly visible through OKX.
Evidence (8 items)
- E1pricecoingecko:/coins/markets
LEO $8.8 now; -1.01% over the window (high $8.9, low $8.8); 1h -1.12%, 24h -1.11%, 7d n/a; rank #18, market cap $8.1B, 24h volume $236.4K
data
{ "ath": 10.61, "low": 8.81, "high": 8.91, "rank": 18, "as_of": "2026-10-12T14:15:00.000Z", "price": 8.81, "path_15m": [ { "t": "2026-10-12T12:15:00.000Z", "price": 8.9 }, { "t": "2026-10-12T12:30:00.000Z", "price": 8.91 }, { "t": "2026-10-12T12:45:00.000Z", "price": 8.91 }, { "t": "2026-10-12T13:00:00.000Z", "price": 8.91 }, { "t": "2026-10-12T13:15:00.000Z", "price": 8.91 }, { "t": "2026-10-12T13:30:00.000Z", "price": 8.91 }, { "t": "2026-10-12T13:45:00.000Z", "price": 8.91 }, { "t": "2026-10-12T14:00:00.000Z", "price": 8.91 }, { "t": "2026-10-12T14:15:00.000Z", "price": 8.81 } ], "market_cap": 8106302824, "volume_24h": 236436, "change_1h_pct": -1.122334455667789, "change_7d_pct": null, "change_24h_pct": -1.11324, "window_return_pct": -1.01 } - E2spot_volumeokx:klines:1m
okx LEO/USDT: $13K traded in the last hour vs a typical hour of $40.3 (322.6×); busiest minutes: 14:05 $8.1K (+0.067%), 14:04 $2.4K (-0.247%), 14:02 $1.8K (+0.269%), 14:08 $630.8 (-0.427%), 14:06 $89 (-0.067%)
data
{ "ratio": 322.6254316473669, "venue": "okx", "symbol": "LEO/USDT", "volume_1h_usd": 13004.812446442, "busiest_minutes": [ { "v": "8077.256821469", "ts": "2026-10-12T14:05:00.000Z", "ret": "0.067", "close": "8.906" }, { "v": "2400.000028946", "ts": "2026-10-12T14:04:00.000Z", "ret": "-0.247", "close": "8.9" }, { "v": "1761.803536282", "ts": "2026-10-12T14:02:00.000Z", "ret": "0.269", "close": "8.93" }, { "v": "630.818988086", "ts": "2026-10-12T14:08:00.000Z", "ret": "-0.427", "close": "8.856" }, { "v": "89.019391619", "ts": "2026-10-12T14:06:00.000Z", "ret": "-0.067", "close": "8.899" } ], "volume_window_usd": 13015.348591065, "median_hourly_24h_usd": 40.309322114 } - E3exchange_reservesnownodes:eth-blockbook:/address/{wallet}
Known exchange wallets hold 10M LEO ($91.8M): bitfinex 10M (+0.01% vs 24h ago), gate 90K (0% vs 24h ago), okx 0.0000000023 (0% vs 24h ago)
data
{ "by_exchange": [ { "entity": "bitfinex", "balance": 10211454.966496345, "balance_usd": 90984063.75148243, "change_24h_pct": 0.01 }, { "entity": "gate", "balance": 89900.1844094153, "balance_usd": 801010.6430878903, "change_24h_pct": 0 }, { "entity": "okx", "balance": 2.307524171e-9, "balance_usd": 2.056004036361e-8, "change_24h_pct": 0 } ] } - E4network_feesnownodes:eth:eth_feeHistory
ETH base fee 0.46 gwei (24h average 0.11), blocks 49% full
data
{ "as_of": "2026-10-12T14:02:00.000Z", "chain": "eth", "base_fee_gwei": 0.45898168928, "gas_used_ratio": 0.4878846530650374, "avg_base_fee_24h_gwei": 0.11214122618805555, "priority_fee_p50_gwei": 0.4503512315466664 } - E5market_contextcoingecko:/coins/markets+/global
Market: BTC -0.45% and ETH -0.26% over the same window; total crypto market cap -1.77% in 24h; categories: Exchange-based Tokens, Centralized Exchange (CEX) Token, Ethereum Ecosystem, Sora Ecosystem
data
{ "trending": false, "categories": [ "Exchange-based Tokens", "Centralized Exchange (CEX) Token", "Ethereum Ecosystem", "Sora Ecosystem" ], "btc_change_24h_pct": -0.12376, "btc_window_return_pct": -0.45, "eth_window_return_pct": -0.26, "global_market_cap_change_24h_pct": -1.7682631588533275 } - E6market_moodalternative.me:/fng
Crypto Fear & Greed index 69 (Greed) today, 70 a week ago
data
{ "day": "2026-10-12T00:00:00.000Z", "value": 69, "week_ago": 70, "classification": "Greed" } - E7dev_and_communitycoingecko:/coins/{id}
developer activity: not tracked by CoinGecko for this coin; CoinGecko sentiment 100% positive (as of 2026-10-12)
data
{ "as_of": "2026-10-12T00:00:26.924Z", "forks": null, "stars": null, "commits_4w": null, "prs_merged": null, "sentiment_up_pct": 100, "twitter_followers": null, "reddit_subscribers": null } - E8signalscoingraph:signals
Triggered by: price_move (down, high) at 14:10; price_move (down, high) at 14:15
data
{ "signals": [ { "id": "57422", "kind": "price_move", "ratio": 11.55, "value": -1.571, "details": { "z_1h": 11.55, "price": 8.77, "ret_1h_pct": -1.571, "ret_15m_pct": -1.571 }, "baseline": 0.137, "event_ts": "2026-10-12T14:10:00.000Z", "severity": 3, "direction": "down" }, { "id": "57474", "kind": "price_move", "ratio": 7.46, "value": -1.122, "details": { "z_1h": 7.46, "price": 8.81, "ret_1h_pct": -1.122, "ret_15m_pct": -1.122 }, "baseline": 0.151, "event_ts": "2026-10-12T14:15:00.000Z", "severity": 3, "direction": "down" } ] }