What CoinGraph said about blockstack, exactly as issued.

{
  "id": "1807",
  "token": {
    "id": "blockstack"
  },
  "headline": "STX -4% in 2h (-11% in 24h) while BTC flat; futures OI falls, funding negative",
  "brief": {
    "caveats": [
      "Dollar volume is thin: about $196K/hour on Binance spot and only $8.3M OI, so modest orders can move price.",
      "Spot data covers Binance only; other venues may carry most STX volume.",
      "Taker buy/sell and top-trader positioning were unavailable (null).",
      "There is no Stacks onchain, news or developer data; the catalyst cannot be identified from this evidence.",
      "The CoinGecko summary line rounds high and low to $0.4; the actual range was $0.3646–$0.3799."
    ],
    "onchain": [
      {
        "text": "There is no Stacks-chain data in the evidence. The only onchain item is Ethereum gas (base fee 0.06 gwei vs a 0.09 24h average, blocks 50% full), which is quiet and not relevant to STX.",
        "evidence": [
          "E7"
        ]
      }
    ],
    "summary": "STX slid steadily from $0.3799 to $0.3646 (-4.04%) over the window, with the drop speeding up after 12:45. That extends a 24h loss of 11.1%, while BTC (-0.18%) and ETH (-0.65%) barely moved. The derivatives data looks like longs closing out: open interest fell, funding is negative on all three venues, and the few liquidations were all longs. The evidence does not show a specific catalyst, and the volume behind the move is thin in dollar terms.",
    "headline": "STX -4% in 2h (-11% in 24h) while BTC flat; futures OI falls, funding negative",
    "severity": 2,
    "direction": "bearish",
    "confidence": 0.6,
    "watch_next": [
      "Whether STX holds the ~$0.3646 window low or keeps grinding down",
      "Binance OI: still falling (deleveraging) or rising with negative funding (new shorts building)",
      "Funding on Binance going deeper below -0.02%, a sign of crowded shorts and squeeze risk",
      "Whether the STX/BTC gap persists if BTC moves",
      "Any Stacks-specific news or onchain data not in this evidence"
    ],
    "likely_causes": [
      {
        "cause": "STX-specific selling with longs unwinding, not a market-wide move. BTC and ETH were nearly flat while STX fell 4%, and Binance OI dropped as price fell (positions closing, not new shorts piling in).",
        "evidence": [
          "E1",
          "E3",
          "E8",
          "E2"
        ],
        "confidence": 0.55
      },
      {
        "cause": "Lingering weakness from the 24h drawdown (-11%, against total crypto market cap -3.6%) and somewhat cooler sentiment (Fear & Greed 55, down from 64 a week ago).",
        "evidence": [
          "E1",
          "E8",
          "E9"
        ],
        "confidence": 0.3
      },
      {
        "cause": "No news, onchain or fundamental trigger for the STX move appears in the evidence. The underlying cause is unexplained.",
        "evidence": [
          "E10",
          "E7"
        ],
        "confidence": 0.5
      }
    ],
    "what_happened": [
      {
        "text": "STX fell 4.04% from $0.379927 to $0.364589 in a steady grind lower. Most of the drop came after 12:45 ($0.3725 → $0.3646). 1h change is -2.6%, 24h -11.11% and 7d -9.08%. Market cap is $683.5M (rank #96).",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph price-move signals fired at 13:06 (1h -3.14%, z 3.35) and at 13:15 (1h -2.65%, z 2.77).",
        "evidence": [
          "E11"
        ]
      },
      {
        "text": "Binance STX/USDT traded $195.8K in the last hour, 2.3× a typical hour ($85.2K). Every one of the busiest minutes closed down, e.g. 11:26 $41.5K (-0.21%), 13:03 $34.8K (-0.30%) and 12:50 $31.9K (-0.46%).",
        "evidence": [
          "E2"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Binance futures OI is $8.3M, down 2.58% in 1h and 4.77% in 4h.",
        "evidence": [
          "E3"
        ]
      },
      {
        "text": "Funding is negative on all three venues: Binance -0.0230%, OKX -0.0125%, Bybit -0.0052% per 8h. Shorts are paying, so derivatives lean bearish. Binance's all-account long/short ratio is 1.07.",
        "evidence": [
          "E4",
          "E5"
        ]
      },
      {
        "text": "Liquidations were small: 9 positions worth $22.5K, all longs, the largest $14.5K. Not a liquidation cascade.",
        "evidence": [
          "E6"
        ]
      },
      {
        "text": "BTC -0.18% and ETH -0.65% over the window; total crypto market cap -3.64% in 24h; Fear & Greed 55 (Greed).",
        "evidence": [
          "E8",
          "E9"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Stacks",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 3.86,
          "low": 0.364589,
          "high": 0.379927,
          "rank": 96,
          "as_of": "2026-10-17T13:16:00.000Z",
          "price": 0.364576,
          "path_15m": [
            {
              "t": "2026-10-17T11:15:00.000Z",
              "price": 0.379927
            },
            {
              "t": "2026-10-17T11:30:00.000Z",
              "price": 0.376574
            },
            {
              "t": "2026-10-17T11:45:00.000Z",
              "price": 0.375908
            },
            {
              "t": "2026-10-17T12:00:00.000Z",
              "price": 0.375895
            },
            {
              "t": "2026-10-17T12:15:00.000Z",
              "price": 0.374524
            },
            {
              "t": "2026-10-17T12:30:00.000Z",
              "price": 0.373953
            },
            {
              "t": "2026-10-17T12:45:00.000Z",
              "price": 0.372476
            },
            {
              "t": "2026-10-17T13:00:00.000Z",
              "price": 0.367684
            },
            {
              "t": "2026-10-17T13:15:00.000Z",
              "price": 0.364589
            }
          ],
          "market_cap": 683527076,
          "volume_24h": 19077392,
          "change_1h_pct": -2.6023397280914304,
          "change_7d_pct": -9.082384861694381,
          "change_24h_pct": -11.11327,
          "window_return_pct": -4.04
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "STX $0.4 now; -4.04% over the window (high $0.4, low $0.4); 1h -2.6%, 24h -11.11%, 7d -9.08%; rank #96, market cap $683.5M, 24h volume $19.1M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 2.298692821286981,
          "venue": "binance",
          "symbol": "STX/USDT",
          "volume_1h_usd": 195811.76226,
          "busiest_minutes": [
            {
              "v": "41484.66123",
              "ts": "2026-10-17T11:26:00.000Z",
              "ret": "-0.212",
              "close": "0.3766"
            },
            {
              "v": "34778.25972",
              "ts": "2026-10-17T13:03:00.000Z",
              "ret": "-0.300",
              "close": "0.3658"
            },
            {
              "v": "31928.1051",
              "ts": "2026-10-17T12:50:00.000Z",
              "ret": "-0.458",
              "close": "0.3698"
            },
            {
              "v": "10492.88393",
              "ts": "2026-10-17T12:56:00.000Z",
              "ret": "-0.027",
              "close": "0.3687"
            },
            {
              "v": "9178.83501",
              "ts": "2026-10-17T12:55:00.000Z",
              "ret": "-0.270",
              "close": "0.369"
            }
          ],
          "volume_window_usd": 276446.23626,
          "median_hourly_24h_usd": 85183.96214
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance STX/USDT: $195.8K traded in the last hour vs a typical hour of $85.2K (2.3×); busiest minutes: 11:26 $41.5K (-0.212%), 13:03 $34.8K (-0.3%), 12:50 $31.9K (-0.458%), 12:56 $10.5K (-0.027%), 12:55 $9.2K (-0.27%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T13:10:00.000Z",
          "change_1h_pct": -2.58,
          "change_4h_pct": -4.77,
          "open_interest_usd": 8329009.2576
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $8.3M: -2.58% vs 1h ago, -4.77% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "STX/USDT:USDT",
              "funding_rate_pct": -0.022992
            },
            {
              "venue": "bybit",
              "symbol": "STX/USDT:USDT",
              "funding_rate_pct": -0.0052309999999999995
            },
            {
              "venue": "okx",
              "symbol": "STX/USDT:USDT",
              "funding_rate_pct": -0.012491220070910001
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm -0.0230%, bybit -0.0052%, okx -0.0125% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T13:15:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 1.0678,
          "top_account_long_short": null,
          "top_position_long_short": null
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 1.07, top traders by position undefined, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 9,
          "longs_usd": 22513.9362,
          "total_usd": 22513.9362,
          "shorts_usd": 0,
          "largest_usd": 14544.09
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "9 forced liquidations worth $22.5K in the window: $22.5K longs, $0 shorts; largest $14.5K"
      },
      {
        "id": "E7",
        "data": {
          "as_of": "2026-10-17T13:17:00.000Z",
          "chain": "eth",
          "base_fee_gwei": 0.05883410788,
          "gas_used_ratio": 0.5019003811714018,
          "avg_base_fee_24h_gwei": 0.09435128400125001,
          "priority_fee_p50_gwei": 0.014143990720000004
        },
        "kind": "network_fees",
        "source": "nownodes:eth:eth_feeHistory",
        "summary": "ETH base fee 0.06 gwei (24h average 0.09), blocks 50% full"
      },
      {
        "id": "E8",
        "data": {
          "trending": false,
          "categories": [
            "Infrastructure",
            "Smart Contract Platform",
            "Layer 2 (L2)",
            "Bitcoin Sidechains",
            "Stacks Ecosystem",
            "SideChain",
            "GMCI Layer 2 Index",
            "GMCI 30 Index",
            "Blockchain Capital Portfolio",
            "GMCI Index",
            "Made in USA",
            "Coinbase 50 Index",
            "CoinList Launchpad"
          ],
          "btc_change_24h_pct": -0.67038,
          "btc_window_return_pct": -0.18,
          "eth_window_return_pct": -0.65,
          "global_market_cap_change_24h_pct": -3.639722490826646
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.18% and ETH -0.65% over the same window; total crypto market cap -3.64% in 24h; categories: Infrastructure, Smart Contract Platform, Layer 2 (L2), Bitcoin Sidechains"
      },
      {
        "id": "E9",
        "data": {
          "day": "2026-10-17T00:00:00.000Z",
          "value": 55,
          "week_ago": 64,
          "classification": "Greed"
        },
        "kind": "market_mood",
        "source": "alternative.me:/fng",
        "summary": "Crypto Fear & Greed index 55 (Greed) today, 64 a week ago"
      },
      {
        "id": "E10",
        "data": {
          "as_of": "2026-10-17T00:00:45.493Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 100,
          "twitter_followers": null,
          "reddit_subscribers": null
        },
        "kind": "dev_and_community",
        "source": "coingecko:/coins/{id}",
        "summary": "developer activity: not tracked by CoinGecko for this coin; CoinGecko sentiment 100% positive (as of 2026-10-17)"
      },
      {
        "id": "E11",
        "data": {
          "signals": [
            {
              "id": "113766",
              "kind": "price_move",
              "ratio": 3.35,
              "value": -3.141,
              "details": {
                "z_1h": 3.35,
                "price": 0.364862,
                "ret_1h_pct": -3.141,
                "ret_15m_pct": -1.659
              },
              "baseline": 0.958,
              "event_ts": "2026-10-17T13:06:00.000Z",
              "severity": 2,
              "direction": "down"
            },
            {
              "id": "113813",
              "kind": "price_move",
              "ratio": 2.77,
              "value": -2.653,
              "details": {
                "z_1h": 2.77,
                "price": 0.364589,
                "ret_1h_pct": -2.653,
                "ret_15m_pct": -0.842
              },
              "baseline": 0.976,
              "event_ts": "2026-10-17T13:15:00.000Z",
              "severity": 2,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, medium) at 13:06; price_move (down, medium) at 13:15"
      }
    ],
    "symbol": "STX",
    "window_to": "2026-10-17T13:16:05.022Z",
    "gathered_at": "2026-10-17T13:17:25.704Z",
    "window_from": "2026-10-17T11:16:05.022Z",
    "coingecko_id": "blockstack"
  },
  "model": "claude-opus-5-5"
}