Proof · Brief

What CoinGraph said about render-token, exactly as issued.

Issued 2026-10-17 21:34:49 UTC · id 1859

RENDER -2.1% in the last hour, slipping from $1.87 to $1.83 on thin Binance flow

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✓ Fingerprint

Computed from the stored object

✓ Sources

60 source calls recorded around issue time

◷ Chainlink CRE attestation

Pending: the workflow attests new proofs every few minutes; the fingerprint above is the commitment

SHA-256 fingerprint

f04d0d06a807e2c1bc54a324a8af69366797a99b72c36859a7ce0e973e72d4c1

The fingerprint is the SHA-256 of the object below written as canonical JSON (keys sorted, no spaces). Change one character and it changes completely, so nobody, including CoinGraph, can quietly edit what was said.

Check it yourself
curl -s https://coingraph.ai/api/v1/verify/1859

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
coingecko/coins/markets21:34:41425 ms✓
ccxt:binanceusdmklines:1m21:34:178838 ms✓
ccxt:bybitklines:1m21:34:06877 ms✓
ccxt:binanceklines:1m21:34:065961 ms✓
ccxt:gateklines:1m21:34:06868 ms✓
ccxt:okxklines:1m21:34:061519 ms✓
ccxt:krakenklines:1m21:34:064158 ms✓
nownodeseth-archive:eth_call:balanceOf21:33:53272 ms✓
nownodeseth:/address/{wallet}:investigation21:33:511329 ms✓
nownodeseth-archive:eth_call:balanceOf21:33:51272 ms✓
nownodeseth:/address/{wallet}:investigation21:33:50905 ms✓
nownodeseth-archive:eth_call:balanceOf21:33:49625 ms✓
nownodeseth:/address/{wallet}:investigation21:33:462145 ms✓
coingecko/coins/markets21:33:41425 ms✓
ccxt:binanceusdmklines:1m21:33:158299 ms✓
ccxt:bybitklines:1m21:33:11878 ms✓
ccxt:gateklines:1m21:33:06998 ms✓
ccxt:binanceklines:1m21:33:066232 ms✓
ccxt:okxklines:1m21:33:061592 ms✓
ccxt:krakenklines:1m21:33:064168 ms✓
coingecko/coins/markets21:32:41538 ms✓
ccxt:binanceusdmklines:1m21:32:148319 ms✓
ccxt:bybitklines:1m21:32:11879 ms✓
ccxt:binanceklines:1m21:32:065953 ms✓
ccxt:okxklines:1m21:32:061946 ms✓
The exact object (11,316 bytes)
{
  "id": "1859",
  "token": {
    "id": "render-token"
  },
  "headline": "RENDER -2.1% in the last hour, slipping from $1.87 to $1.83 on thin Binance flow",
  "brief": {
    "caveats": [
      "The E1 high/low ($1.87/$1.84) does not include the latest $1.83 print, and CoinGecko prices are rounded to the cent.",
      "Binance spot volume is small in absolute terms ($128.5K/h), so a few trades can move the 1.9× ratio.",
      "Taker buy/sell ratio was unavailable.",
      "There is no news or social data, so a catalyst cannot be ruled out.",
      "Onchain flows cover ETH transfers and known wallets only. Solana transfer flows were not measured."
    ],
    "onchain": [
      {
        "text": "On Ethereum, 48 transfers moved $27.7K in the window. Exchange inflow was $0 and outflow was $2.8K, with no large transfers. That is negligible next to market cap.",
        "evidence": [
          "E6"
        ]
      },
      {
        "text": "Known exchange wallets hold about 15.5M RENDER ($29M), almost all at Coinbase, which is down 0.02% vs 24h ago. Other exchange balances did not change.",
        "evidence": [
          "E7"
        ]
      },
      {
        "text": "On Solana, supply is concentrated: the top 10 holders own 48.0% and the top 20 own 60.8% (snapshot from 00:50 UTC).",
        "evidence": [
          "E8"
        ]
      }
    ],
    "summary": "RENDER held flat at $1.86–1.87 for most of the window, then fell to $1.83 after 21:15 UTC. That is -1.61% for the window and -2.14% over 1h, against BTC -0.45% and ETH -0.74%. The drop came on small trade sizes during a weak market (total crypto cap -2.97% in 24h), with a slight cut in futures open interest and no unusual onchain or exchange-wallet flows. None of the evidence points to a specific cause.",
    "headline": "RENDER -2.1% in the last hour, slipping from $1.87 to $1.83 on thin Binance flow",
    "severity": 1,
    "direction": "bearish",
    "confidence": 0.5,
    "watch_next": [
      "Whether $1.83 holds or the move extends below the window low",
      "Binance open interest and the top-trader long ratio (1.90): if long-heavy top accounts unwind, the drop could speed up",
      "Coinbase wallet balance (15.5M RENDER) for any inflows",
      "Whether BTC/ETH weakness deepens, given RENDER's higher beta"
    ],
    "likely_causes": [
      {
        "cause": "RENDER followed broad market weakness with higher beta. It fell about 3-4× more than BTC and ETH over the same window while total market cap was down about 3% in 24h.",
        "evidence": [
          "E1",
          "E10",
          "E11"
        ],
        "confidence": 0.45
      },
      {
        "cause": "Light selling into a thin order book. Volume rose but individual sell minutes were only $10–14K on Binance, which points to low liquidity more than heavy dumping.",
        "evidence": [
          "E2"
        ],
        "confidence": 0.35
      },
      {
        "cause": "A small reduction in futures exposure. Binance open interest fell 1.51% in 1h, but that is too small to call a liquidation event.",
        "evidence": [
          "E3"
        ],
        "confidence": 0.25
      },
      {
        "cause": "No specific trigger appears in the evidence: no news, no large transfers, no exchange inflows.",
        "evidence": [
          "E6",
          "E7"
        ],
        "confidence": 0.6
      }
    ],
    "what_happened": [
      {
        "text": "Price moved between $1.86 and $1.87 from 19:30 to 21:15 UTC, then fell to $1.84 by 21:30 and $1.83 at 21:33. That is -1.61% over the window, -2.14% over 1h, -4.66% over 24h and -5.67% over 7d. Market cap is $950.5M (rank #80).",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph flagged two medium down price_move signals: -1.60% at 21:28 (z 2.6) and -2.14% at 21:33 (z 3.44).",
        "evidence": [
          "E13"
        ]
      },
      {
        "text": "Binance RENDER/USDT traded $128.5K in the last hour, 1.9× a typical hour ($66.9K). The selling minutes were small: 21:29 $14K (-0.109%), 21:18 $12.4K (-0.107%). The largest minute in the window was a $140.2K buy-side print at 19:54 (+0.161%), before the drop, and it did not move price much.",
        "evidence": [
          "E2"
        ]
      }
    ],
    "market_context": [
      {
        "text": "BTC fell 0.45% and ETH 0.74% over the window. Total crypto market cap is down 2.97% in 24h. Fear & Greed is 55 (Greed), down from 64 a week ago.",
        "evidence": [
          "E10",
          "E11"
        ]
      },
      {
        "text": "Derivatives look calm. Funding is 0.005% per 8h on Binance, Bybit and OKX, below the ~0.01% norm. Binance open interest is $13.7M (-1.51% over 1h, +1.22% over 4h). Top traders are long-biased: position long/short 1.90, versus 1.02 for all accounts.",
        "evidence": [
          "E3",
          "E4",
          "E5"
        ]
      },
      {
        "text": "CoinGecko community sentiment is 44% positive.",
        "evidence": [
          "E12"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Render",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 13.53,
          "low": 1.84,
          "high": 1.87,
          "rank": 80,
          "as_of": "2026-10-17T21:33:00.000Z",
          "price": 1.83,
          "path_15m": [
            {
              "t": "2026-10-17T19:30:00.000Z",
              "price": 1.86
            },
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 1.86
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 1.87
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 1.87
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 1.87
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 1.87
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 1.87
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 1.87
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 1.84
            }
          ],
          "market_cap": 950528197,
          "volume_24h": 41371390,
          "change_1h_pct": -2.1390374331550803,
          "change_7d_pct": -5.670103092783505,
          "change_24h_pct": -4.66492,
          "window_return_pct": -1.61
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "RENDER $1.8 now; -1.61% over the window (high $1.9, low $1.8); 1h -2.14%, 24h -4.66%, 7d -5.67%; rank #80, market cap $950.5M, 24h volume $41.4M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 1.9211455967431768,
          "venue": "binance",
          "symbol": "RENDER/USDT",
          "volume_1h_usd": 128537.284,
          "busiest_minutes": [
            {
              "v": "140190.79345",
              "ts": "2026-10-17T19:54:00.000Z",
              "ret": "0.161",
              "close": "1.871"
            },
            {
              "v": "14042.37159",
              "ts": "2026-10-17T21:29:00.000Z",
              "ret": "-0.109",
              "close": "1.835"
            },
            {
              "v": "12410.85584",
              "ts": "2026-10-17T21:18:00.000Z",
              "ret": "-0.107",
              "close": "1.861"
            },
            {
              "v": "10765.81031",
              "ts": "2026-10-17T19:51:00.000Z",
              "ret": "0.000",
              "close": "1.868"
            },
            {
              "v": "9753.41935",
              "ts": "2026-10-17T21:30:00.000Z",
              "ret": "0.273",
              "close": "1.837"
            }
          ],
          "volume_window_usd": 302478.47548,
          "median_hourly_24h_usd": 66906.58127
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance RENDER/USDT: $128.5K traded in the last hour vs a typical hour of $66.9K (1.9×); busiest minutes: 19:54 $140.2K (+0.161%), 21:29 $14K (-0.109%), 21:18 $12.4K (-0.107%), 19:51 $10.8K (0%), 21:30 $9.8K (+0.273%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T21:25:00.000Z",
          "change_1h_pct": -1.51,
          "change_4h_pct": 1.22,
          "open_interest_usd": 13700583.0192
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $13.7M: -1.51% vs 1h ago, +1.22% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "RENDER/USDT:USDT",
              "funding_rate_pct": 0.005
            },
            {
              "venue": "bybit",
              "symbol": "RENDER/USDT:USDT",
              "funding_rate_pct": 0.005
            },
            {
              "venue": "okx",
              "symbol": "RENDER/USDT:USDT",
              "funding_rate_pct": 0.005
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm 0.0050%, bybit 0.0050%, okx 0.0050% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T21:25:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 1.021,
          "top_account_long_short": 1.5465,
          "top_position_long_short": 1.8987
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 1.02, top traders by position 1.90, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "chain": "eth",
          "transfers": 48,
          "volume_usd": 27665.4141151319,
          "large_transfers": 0,
          "exchange_net_usd": -2829.0544526689005,
          "exchange_inflow_usd": 0,
          "exchange_outflow_usd": 2829.0544526689005,
          "median_volume_15m_7d": 1396.98628146683,
          "median_abs_net_15m_7d": 0
        },
        "kind": "exchange_flows",
        "source": "nownodes:eth:eth_getLogs",
        "summary": "Onchain (ETH): 48 transfers worth $27.7K in the window; $0 moved onto exchanges, $2.8K left exchanges → net outflow of $2.8K (typical 15-min |net| $0)"
      },
      {
        "id": "E7",
        "data": {
          "by_exchange": [
            {
              "entity": "coinbase",
              "balance": 15514627.1613692,
              "balance_usd": 29012352.791760407,
              "change_24h_pct": -0.02
            },
            {
              "entity": "binance",
              "balance": 14053.421128564252,
              "balance_usd": 26279.897510415154,
              "change_24h_pct": 0
            },
            {
              "entity": "gate",
              "balance": 228.5918556474402,
              "balance_usd": 427.4667700607132,
              "change_24h_pct": 0
            },
            {
              "entity": "bybit",
              "balance": 35.03373,
              "balance_usd": 65.5130751,
              "change_24h_pct": 0
            },
            {
              "entity": "crypto.com",
              "balance": 18.465405129759418,
              "balance_usd": 34.53030759265011,
              "change_24h_pct": 0
            },
            {
              "entity": "mexc",
              "balance": 0.5000000072829627,
              "balance_usd": 0.9350000136191403,
              "change_24h_pct": 0
            },
            {
              "entity": "okx",
              "balance": 5.9e-9,
              "balance_usd": 1.1033e-8,
              "change_24h_pct": 0
            },
            {
              "entity": "kucoin",
              "balance": 0,
              "balance_usd": 0,
              "change_24h_pct": null
            }
          ]
        },
        "kind": "exchange_reserves",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "Known exchange wallets hold 16M RENDER ($29M): coinbase 16M (-0.02% vs 24h ago), binance 14K (0% vs 24h ago), gate 229 (0% vs 24h ago), bybit 35 (0% vs 24h ago)"
      },
      {
        "id": "E8",
        "data": {
          "as_of": "2026-10-17T00:50:00.000Z",
          "chain": "sol",
          "top10_pct": 47.976869415425654,
          "top20_pct": 60.79751175867971
        },
        "kind": "holder_concentration",
        "source": "nownodes:sol:getTokenLargestAccounts",
        "summary": "Top 10 holders own 48.0% of supply, top 20 60.8% (SOL, as of 2026-10-17T00:50)"
      },
      {
        "id": "E9",
        "data": {
          "as_of": "2026-10-17T21:32:00.000Z",
          "chain": "eth",
          "base_fee_gwei": 0.06532291353333333,
          "gas_used_ratio": 0.5582802178036255,
          "avg_base_fee_24h_gwei": 0.06184458348666667,
          "priority_fee_p50_gwei": 0.1882396755066667
        },
        "kind": "network_fees",
        "source": "nownodes:eth:eth_feeHistory",
        "summary": "ETH base fee 0.07 gwei (24h average 0.06), blocks 56% full"
      },
      {
        "id": "E10",
        "data": {
          "trending": false,
          "categories": [
            "Artificial Intelligence (AI)",
            "NFT",
            "Metaverse",
            "Solana Ecosystem",
            "Ethereum Ecosystem",
            "DePIN",
            "Multicoin Capital Portfolio",
            "Alameda Research Portfolio",
            "GMCI DePIN Index",
            "GMCI 30 Index",
            "GMCI Index",
            "Made in USA",
            "Coinbase 50 Index"
          ],
          "btc_change_24h_pct": -0.75394,
          "btc_window_return_pct": -0.45,
          "eth_window_return_pct": -0.74,
          "global_market_cap_change_24h_pct": -2.96731501288777
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.45% and ETH -0.74% over the same window; total crypto market cap -2.97% in 24h; categories: Artificial Intelligence (AI), NFT, Metaverse, Solana Ecosystem"
      },
      {
        "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": "2026-10-17T00:00:41.893Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 44.44,
          "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 44% positive (as of 2026-10-17)"
      },
      {
        "id": "E13",
        "data": {
          "signals": [
            {
              "id": "115518",
              "kind": "price_move",
              "ratio": 2.6,
              "value": -1.604,
              "details": {
                "z_1h": 2.6,
                "price": 1.84,
                "ret_1h_pct": -1.604,
                "ret_15m_pct": -1.604
              },
              "baseline": 0.625,
              "event_ts": "2026-10-17T21:28:00.000Z",
              "severity": 2,
              "direction": "down"
            },
            {
              "id": "115556",
              "kind": "price_move",
              "ratio": 3.44,
              "value": -2.139,
              "details": {
                "z_1h": 3.44,
                "price": 1.83,
                "ret_1h_pct": -2.139,
                "ret_15m_pct": -2.139
              },
              "baseline": 0.631,
              "event_ts": "2026-10-17T21:33:00.000Z",
              "severity": 2,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, medium) at 21:28; price_move (down, medium) at 21:33"
      }
    ],
    "symbol": "RENDER",
    "window_to": "2026-10-17T21:31:16.080Z",
    "gathered_at": "2026-10-17T21:34:26.524Z",
    "window_from": "2026-10-17T19:31:16.080Z",
    "coingecko_id": "render-token"
  },
  "model": "claude-opus-5-5"
}