Proof · Brief

What CoinGraph said about ethereum, exactly as issued.

Issued 2026-10-17 21:15:44 UTC · id 1847

ETH +0.28% to $2,420 in a quiet 2h; $317K of shorts liquidated, volume below normal

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60 source calls recorded around issue time

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SHA-256 fingerprint

e63a9ab0a12c01c923c691ac3de2db65d8afc52c87cc055baacee4a561f36a06

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curl -s https://coingraph.ai/api/v1/verify/1847

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
coingecko/coins/markets21:15:41383 ms✓
ccxt:binanceusdmfuturesSentiment:5m21:15:3135570 ms✓
ccxt:binanceusdmklines:1m21:15:289335 ms✓
ccxt:binanceusdmfuturesSentiment:5m21:15:2835199 ms✓
ccxt:binanceusdmopenInterestHist:5m21:15:219207 ms✓
ccxt:bybitfetchFundingRates21:15:17143 ms✓
ccxt:okxfetchFundingRates21:15:16235 ms✓
ccxt:binanceusdmfetchFundingRates21:15:15172 ms✓
ccxt:binanceusdmopenInterestHist:5m21:15:1311139 ms✓
ccxt:okxklines:1m21:15:081500 ms✓
ccxt:bybitklines:1m21:15:08886 ms✓
ccxt:gateklines:1m21:15:081268 ms✓
ccxt:krakenklines:1m21:15:084190 ms✓
ccxt:binanceklines:1m21:15:086109 ms✓
coingecko/coins/markets21:14:41392 ms✓
ccxt:binanceusdmklines:1m21:14:168740 ms✓
ccxt:binanceklines:1m21:14:156098 ms✓
ccxt:gateklines:1m21:14:061215 ms✓
ccxt:okxklines:1m21:14:061562 ms✓
ccxt:bybitklines:1m21:14:06882 ms✓
ccxt:krakenklines:1m21:14:064164 ms✓
coingecko/coins/markets21:13:41481 ms✓
ccxt:binanceusdmklines:1m21:13:178565 ms✓
ccxt:binanceklines:1m21:13:165945 ms✓
ccxt:gateklines:1m21:13:061125 ms✓
The exact object (11,054 bytes)
{
  "id": "1847",
  "token": {
    "id": "ethereum"
  },
  "headline": "ETH +0.28% to $2,420 in a quiet 2h; $317K of shorts liquidated, volume below normal",
  "brief": {
    "caveats": [
      "The data doesn't fully agree on price: E1 lists a window high of $2,418.88, below its own $2,420.12 'now' price and below Binance's $2,424.09 at 21:04. The high/low probably come from the 15-minute samples only.",
      "Liquidation data covers only OKX and Binance.",
      "Taker buy/sell ratio was unavailable.",
      "Exchange wallet coverage is limited to known addresses. Coinbase and OKX balances look far too small to be their full holdings."
    ],
    "onchain": [
      {
        "text": "Known exchange wallets hold 4.5M ETH. Binance is up 0.37% over 24h (about 10K ETH in), Bitfinex is down 0.27%, Coinbase is down 6.83% and Crypto.com is down 7.29%. The last two are small wallets of about 22K and 21K ETH. Net flows are mixed and minor.",
        "evidence": [
          "E8"
        ]
      },
      {
        "text": "The base fee is 0.05 gwei against a 24h average of 0.06, and blocks are 51% full. Network demand is low.",
        "evidence": [
          "E9"
        ]
      }
    ],
    "summary": "ETH rose 0.28% to about $2,420 in a narrow range, roughly in line with BTC (+0.14%). A small cluster of short liquidations ($317K, all shorts) fired near 21:06 and set off CoinGraph's signals. That is 8.2× the usual amount, but it is tiny next to $5.5B of open interest. Volume, funding and open interest all look normal, so nothing in the evidence points to a real move.",
    "headline": "ETH +0.28% to $2,420 in a quiet 2h; $317K of shorts liquidated, volume below normal",
    "severity": 1,
    "direction": "neutral",
    "confidence": 0.7,
    "watch_next": [
      "Whether price holds above about $2,424 (the 21:04 high), or the rise fades with no follow-through from the squeeze",
      "Open interest and funding: rising OI with funding above 0.01% would mean longs are adding leverage",
      "Retail long/short at 2.95: crowded longs raise the risk of long liquidations on a dip",
      "Binance ETH balance: further inflows beyond +0.37%/24h"
    ],
    "likely_causes": [
      {
        "cause": "A small short squeeze around 21:04–21:06 lifted price slightly to about $2,424. The size is too small to drive much.",
        "evidence": [
          "E6",
          "E13",
          "E2"
        ],
        "confidence": 0.5
      },
      {
        "cause": "ETH mostly moved with the market. It rose alongside BTC, and there is no ETH-specific catalyst in the evidence.",
        "evidence": [
          "E10",
          "E1"
        ],
        "confidence": 0.55
      }
    ],
    "what_happened": [
      {
        "text": "ETH went from $2,413.39 at 19:15 to $2,418.88 at 21:00 on the 15-minute path (window low $2,412.56), and the latest price is $2,420.12. That is +0.28% over the window, +0.25% over 24h and -3.41% over 7 days.",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "Binance spot traded $7.4M in the last hour against a typical $8.5M (0.87×). The busiest minute was 21:10 with $1.26M at about flat (-0.005%). Price reached $2,424.09 at 21:04.",
        "evidence": [
          "E2"
        ]
      },
      {
        "text": "32 forced liquidations worth $317.2K hit OKX and Binance, all shorts. The largest was $271.8K. This set off two liquidation_cluster signals (up, medium) at 21:06 and 21:15, at 8.2× the 24h 15-minute average of $38K.",
        "evidence": [
          "E6",
          "E13"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Binance futures open interest is $5.5B: flat vs 1h ago and +0.27% vs 4h ago. Funding is about 0.0083–0.0085% per 8h on Binance, Bybit and OKX, slightly below the normal 0.01%.",
        "evidence": [
          "E3",
          "E4"
        ]
      },
      {
        "text": "Positioning leans long. The all-accounts long/short ratio on Binance is 2.95, while top traders by position are at 1.68. Retail is more crowded long than large traders.",
        "evidence": [
          "E5"
        ]
      },
      {
        "text": "Order book depth within 2% is balanced: $5.5M of bids vs $5.7M of asks (0.97).",
        "evidence": [
          "E7"
        ]
      },
      {
        "text": "Total crypto market cap is down 2.7% over 24h while BTC is flat (-0.07%). Fear & Greed is 55 (Greed), down from 64 a week ago.",
        "evidence": [
          "E10",
          "E11"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Ethereum",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 4946.05,
          "low": 2412.56,
          "high": 2418.88,
          "rank": 2,
          "as_of": "2026-10-17T21:14:00.000Z",
          "price": 2420.12,
          "path_15m": [
            {
              "t": "2026-10-17T19:15:00.000Z",
              "price": 2413.39
            },
            {
              "t": "2026-10-17T19:30:00.000Z",
              "price": 2412.56
            },
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 2416.79
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 2416.57
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 2417.42
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 2417.63
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 2417.71
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 2418.88
            }
          ],
          "market_cap": 295595837499,
          "volume_24h": 5462973603,
          "change_1h_pct": 0.09802502326543,
          "change_7d_pct": -3.4127145667955765,
          "change_24h_pct": 0.25456,
          "window_return_pct": 0.28
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "ETH $2.4K now; +0.28% over the window (high $2.4K, low $2.4K); 1h +0.1%, 24h +0.25%, 7d -3.41%; rank #2, market cap $295.6B, 24h volume $5.5B"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 0.8662012931188697,
          "venue": "binance",
          "symbol": "ETH/USDT",
          "volume_1h_usd": 7354105.791641,
          "busiest_minutes": [
            {
              "v": "1255893.163039",
              "ts": "2026-10-17T21:10:00.000Z",
              "ret": "-0.005",
              "close": "2421.36"
            },
            {
              "v": "489371.351814",
              "ts": "2026-10-17T21:04:00.000Z",
              "ret": "0.022",
              "close": "2424.09"
            },
            {
              "v": "461592.459868",
              "ts": "2026-10-17T19:52:00.000Z",
              "ret": "0.010",
              "close": "2419.93"
            },
            {
              "v": "443459.511194",
              "ts": "2026-10-17T19:45:00.000Z",
              "ret": "0.059",
              "close": "2420.83"
            },
            {
              "v": "396470.546149",
              "ts": "2026-10-17T21:05:00.000Z",
              "ret": "-0.037",
              "close": "2423.19"
            }
          ],
          "volume_window_usd": 14084431.987812,
          "median_hourly_24h_usd": 8490065.588752
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance ETH/USDT: $7.4M traded in the last hour vs a typical hour of $8.5M (0.9×); busiest minutes: 21:10 $1.3M (-0.005%), 21:04 $489.4K (+0.022%), 19:52 $461.6K (+0.01%), 19:45 $443.5K (+0.059%), 21:05 $396.5K (-0.037%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T21:05:00.000Z",
          "change_1h_pct": 0,
          "change_4h_pct": 0.27,
          "open_interest_usd": 5507611688.961478
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $5.5B: 0% vs 1h ago, +0.27% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "ETH/USDT:USDT",
              "funding_rate_pct": 0.008511000000000001
            },
            {
              "venue": "bybit",
              "symbol": "ETH/USDT:USDT",
              "funding_rate_pct": 0.0083
            },
            {
              "venue": "okx",
              "symbol": "ETH/USDT:USDT",
              "funding_rate_pct": 0.00829769250156
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm 0.0085%, bybit 0.0083%, okx 0.0083% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T21:05:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 2.9479,
          "top_account_long_short": 2.3356,
          "top_position_long_short": 1.6835
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 2.95, top traders by position 1.68, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 32,
          "longs_usd": 0,
          "total_usd": 317205.02346,
          "shorts_usd": 317205.02346,
          "largest_usd": 271762.7805
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "32 forced liquidations worth $317.2K in the window: $0 longs, $317.2K shorts; largest $271.8K"
      },
      {
        "id": "E7",
        "data": {
          "as_of": "2026-10-17T21:10:00.000Z",
          "venue": "binanceusdm",
          "best_ask": 2420.05,
          "best_bid": 2420.04,
          "depth_ask_2pct_usd": 5699470.17566,
          "depth_bid_2pct_usd": 5548730.5337000005
        },
        "kind": "order_book",
        "source": "binanceusdm:fetchOrderBook",
        "summary": "binanceusdm order book: $5.5M of bids vs $5.7M of asks within 2% (0.97 bid/ask depth ratio)"
      },
      {
        "id": "E8",
        "data": {
          "by_exchange": [
            {
              "entity": "binance",
              "balance": 2687452.9341772795,
              "balance_usd": 6505087325.293471,
              "change_24h_pct": 0.37
            },
            {
              "entity": "robinhood",
              "balance": 1220495.875409109,
              "balance_usd": 2954259086.262765,
              "change_24h_pct": 0
            },
            {
              "entity": "bitfinex",
              "balance": 521679.51607168274,
              "balance_usd": 1262746135.832151,
              "change_24h_pct": -0.27
            },
            {
              "entity": "gate",
              "balance": 28435.746427778853,
              "balance_usd": 68829861.65829583,
              "change_24h_pct": 2.89
            },
            {
              "entity": "coinbase",
              "balance": 22394.84438509158,
              "balance_usd": 54207616.627889566,
              "change_24h_pct": -6.83
            },
            {
              "entity": "crypto.com",
              "balance": 20662.926426850583,
              "balance_usd": 50015439.93324891,
              "change_24h_pct": -7.29
            },
            {
              "entity": "bybit",
              "balance": 6122.1284814201335,
              "balance_usd": 14818856.87441669,
              "change_24h_pct": 0.08
            },
            {
              "entity": "okx",
              "balance": 1962.039508155836,
              "balance_usd": 4749195.111071527,
              "change_24h_pct": 0
            }
          ]
        },
        "kind": "exchange_reserves",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "Known exchange wallets hold 4.5M ETH ($10.9B): binance 2.7M (+0.37% vs 24h ago), robinhood 1.2M (0% vs 24h ago), bitfinex 522K (-0.27% vs 24h ago), gate 28K (+2.89% vs 24h ago)"
      },
      {
        "id": "E9",
        "data": {
          "as_of": "2026-10-17T21:02:00.000Z",
          "chain": "eth",
          "base_fee_gwei": 0.049841768919999994,
          "gas_used_ratio": 0.5093608047131477,
          "avg_base_fee_24h_gwei": 0.06225842898263889,
          "priority_fee_p50_gwei": 0.011360352386666666
        },
        "kind": "network_fees",
        "source": "nownodes:eth:eth_feeHistory",
        "summary": "ETH base fee 0.05 gwei (24h average 0.06), blocks 51% full"
      },
      {
        "id": "E10",
        "data": {
          "trending": false,
          "categories": [
            "Smart Contract Platform",
            "Layer 1 (L1)",
            "Ethereum Ecosystem",
            "FTX Holdings",
            "Multicoin Capital Portfolio",
            "Proof of Stake (PoS)",
            "Alameda Research Portfolio",
            "Andreessen Horowitz (a16z) Portfolio",
            "GMCI Layer 1 Index",
            "GMCI 30 Index",
            "Delphi Ventures Portfolio",
            "Galaxy Digital Portfolio",
            "GMCI Index",
            "World Liberty Financial Portfolio",
            "Coinbase 50 Index"
          ],
          "btc_change_24h_pct": -0.06995,
          "btc_window_return_pct": 0.14,
          "eth_window_return_pct": 0.27,
          "global_market_cap_change_24h_pct": -2.7010988737557584
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC +0.14% and ETH +0.27% over the same window; total crypto market cap -2.7% in 24h; categories: Smart Contract Platform, Layer 1 (L1), Ethereum Ecosystem, FTX Holdings"
      },
      {
        "id": "E11",
        "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": "E12",
        "data": {
          "as_of": "2026-10-17T00:00:21.521Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 92.31,
          "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 92% positive (as of 2026-10-17)"
      },
      {
        "id": "E13",
        "data": {
          "signals": [
            {
              "id": "115477",
              "kind": "liquidation_cluster",
              "ratio": 8.2,
              "value": 311654,
              "details": {
                "longs_usd": 0,
                "avg_15m_24h": 37990,
                "liquidated_usd_15m": 311654
              },
              "baseline": 37990,
              "event_ts": "2026-10-17T21:06:01.480Z",
              "severity": 2,
              "direction": "up"
            },
            {
              "id": "115499",
              "kind": "liquidation_cluster",
              "ratio": 8.2,
              "value": 311521,
              "details": {
                "longs_usd": 0,
                "avg_15m_24h": 37990,
                "liquidated_usd_15m": 311521
              },
              "baseline": 37990,
              "event_ts": "2026-10-17T21:15:09.164Z",
              "severity": 2,
              "direction": "up"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: liquidation_cluster (up, medium) at 21:06; liquidation_cluster (up, medium) at 21:15"
      }
    ],
    "symbol": "ETH",
    "window_to": "2026-10-17T21:15:20.690Z",
    "gathered_at": "2026-10-17T21:15:26.501Z",
    "window_from": "2026-10-17T19:15:20.690Z",
    "coingecko_id": "ethereum"
  },
  "model": "claude-opus-5-5"
}