Proof · Brief

What CoinGraph said about ethereum-classic, exactly as issued.

Issued 2026-10-17 21:38:18 UTC · id 1866

ETC -1.4% to $7.71 in a late selloff; thin Binance volume, $27K longs liquidated

Read the full brief →

✓ 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

949e0af3c9c84cebac492e9ef352615b44c22f80d5405bf2866d6118aecb9574

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/1866

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
ccxt:binanceusdmklines:1m21:38:118725 ms✓
ccxt:binanceklines:1m21:38:065520 ms✓
ccxt:bybitklines:1m21:38:06878 ms✓
ccxt:okxklines:1m21:38:061517 ms✓
ccxt:gateklines:1m21:38:061236 ms✓
ccxt:krakenklines:1m21:38:064152 ms✓
coingecko/coins/markets21:37:41446 ms✓
ccxt:binanceusdmklines:1m21:37:178316 ms✓
ccxt:bybitklines:1m21:37:06876 ms✓
ccxt:gateklines:1m21:37:06979 ms✓
ccxt:krakenklines:1m21:37:064154 ms✓
ccxt:binanceklines:1m21:37:065819 ms✓
ccxt:okxklines:1m21:37:061904 ms✓
coingecko/coins/markets21:36:41407 ms✓
nownodeseth-archive:eth_call:balanceOf21:36:34591 ms✓
nownodeseth:/address/{wallet}:investigation21:36:321891 ms✓
nownodeseth-archive:eth_call:balanceOf21:36:31370 ms✓
nownodeseth:/address/{wallet}:investigation21:36:301004 ms✓
nownodeseth-archive:eth_call:balanceOf21:36:29828 ms✓
nownodeseth:/address/{wallet}:investigation21:36:271465 ms✓
ccxt:binanceusdmklines:1m21:36:178416 ms✓
ccxt:binanceklines:1m21:36:066099 ms✓
ccxt:bybitklines:1m21:36:06884 ms✓
ccxt:okxklines:1m21:36:066288 ms✓
ccxt:krakenklines:1m21:36:063957 ms✓
The exact object (9,665 bytes)
{
  "id": "1866",
  "token": {
    "id": "ethereum-classic"
  },
  "headline": "ETC -1.4% to $7.71 in a late selloff; thin Binance volume, $27K longs liquidated",
  "brief": {
    "caveats": [
      "Absolute volumes are tiny ($139K/hour on Binance spot, $27K liquidations), so the 2.6× volume ratio says little about real conviction.",
      "The E1 window low is $7.76, but the 21:37 price of $7.71 was recorded after the window ended, so the figures overlap imperfectly.",
      "Most Binance positioning fields (global long/short, taker buy/sell) were empty.",
      "There is no ETC-chain onchain, exchange-flow or news data, so the cause of the move cannot be confirmed."
    ],
    "onchain": [
      {
        "text": "There is no ETC-chain onchain data in this evidence. The only chain data is Ethereum mainnet gas: base fee 0.07 gwei against a 0.06 24h average, blocks 56% full. That says nothing about ETC flows.",
        "evidence": [
          "E7"
        ]
      }
    ],
    "summary": "ETC traded flat between $7.82 and $7.86 for most of the window. Between about 21:26 and 21:32 UTC it fell to about $7.71, ending the window down 1.41%. That is a bit worse than BTC (-0.52%) and ETH (-1.15%) while the wider market was also weak. Volume rose and some leverage came off during the drop, but the dollar amounts were small, and no ETC-specific catalyst appears in the evidence.",
    "headline": "ETC -1.4% to $7.71 in a late selloff; thin Binance volume, $27K longs liquidated",
    "severity": 1,
    "direction": "bearish",
    "confidence": 0.55,
    "watch_next": [
      "Whether ETC holds about $7.70 or keeps falling while the 7-day trend is -8.4%",
      "Whether Binance volume and open interest keep dropping together (more long unwinding) or OI starts rebuilding",
      "Whether funding moves away from 0.01%",
      "BTC and ETH direction: further market weakness would likely hit ETC harder",
      "More long liquidations if price breaks below the $7.71 level reached after the window"
    ],
    "likely_causes": [
      {
        "cause": "A small sell burst in thin liquidity. Selling concentrated in a few minutes after 21:26 pushed price down because order books were shallow, not because of a large flow.",
        "evidence": [
          "E2",
          "E1"
        ],
        "confidence": 0.5
      },
      {
        "cause": "Weakness across the market. BTC, ETH and total market cap were all down, and ETC tends to fall further than the majors when they drop.",
        "evidence": [
          "E8",
          "E9"
        ],
        "confidence": 0.45
      },
      {
        "cause": "Minor deleveraging of longs. Open interest fell 1.43% in 1h and $27K of longs were liquidated, so this added to the drop but was too small to drive it.",
        "evidence": [
          "E3",
          "E6"
        ],
        "confidence": 0.35
      },
      {
        "cause": "No ETC-specific catalyst (news, onchain flows, protocol event) appears in the evidence, so the exact trigger is unexplained.",
        "evidence": [
          "E10"
        ],
        "confidence": 0.6
      }
    ],
    "what_happened": [
      {
        "text": "In 15-minute data, ETC held between $7.82 and $7.86 from 19:30 to 21:15 UTC, then fell to $7.76 by 21:30. CoinGecko showed $7.71 at 21:37, -1.41% over the window, -1.53% over 1h, -2.47% over 24h and -8.43% over 7 days.",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph price-move signals fired at 21:29 (1h return -1.02%, z 2.73) and at 21:36 (1h return -1.66%, 15m return -1.78%, z 4.33). Compared with ETC's usual volatility, this was a sharp move for its size.",
        "evidence": [
          "E11"
        ]
      },
      {
        "text": "Binance ETC/USDT spot traded $139.1K in the last hour, 2.6× a typical hour ($52.9K). The busiest minutes were all between 21:26 and 21:32, and most of them closed lower: 21:29 traded $28.2K at -0.39% and 21:27 traded $22.6K at -0.13%.",
        "evidence": [
          "E2"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Over the same window BTC fell 0.52% and ETH 1.15%, and total crypto market cap is down 2.97% over 24h. ETC underperformed slightly. It was not trending.",
        "evidence": [
          "E8"
        ]
      },
      {
        "text": "Derivatives look balanced. Funding is 0.01% per 8h on Binance, Bybit and OKX (the normal level). Binance open interest is $19.8M, -1.43% over 1h and -0.35% over 4h. 11 liquidations totalled $27K, all longs, the largest $12.1K. The Binance top-account long/short ratio is 1.77; the other positioning fields came back empty.",
        "evidence": [
          "E3",
          "E4",
          "E5",
          "E6"
        ]
      },
      {
        "text": "The Fear & Greed index is at 55 (Greed), down from 64 a week ago, so sentiment is cooling. CoinGecko shows 0% positive sentiment votes for ETC.",
        "evidence": [
          "E9",
          "E10"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Ethereum Classic",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 167.09,
          "low": 7.76,
          "high": 7.86,
          "rank": 70,
          "as_of": "2026-10-17T21:37:00.000Z",
          "price": 7.71,
          "path_15m": [
            {
              "t": "2026-10-17T19:30:00.000Z",
              "price": 7.82
            },
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 7.82
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 7.85
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 7.85
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 7.83
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 7.83
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 7.85
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 7.86
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 7.76
            }
          ],
          "market_cap": 1223384096,
          "volume_24h": 36045890,
          "change_1h_pct": -1.5325670498084292,
          "change_7d_pct": -8.43230403800475,
          "change_24h_pct": -2.47013,
          "window_return_pct": -1.41
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "ETC $7.7 now; -1.41% over the window (high $7.9, low $7.8); 1h -1.53%, 24h -2.47%, 7d -8.43%; rank #70, market cap $1.2B, 24h volume $36M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 2.627464636813146,
          "venue": "binance",
          "symbol": "ETC/USDT",
          "volume_1h_usd": 139123.5657,
          "busiest_minutes": [
            {
              "v": "28170.2019",
              "ts": "2026-10-17T21:29:00.000Z",
              "ret": "-0.387",
              "close": "7.73"
            },
            {
              "v": "22632.1526",
              "ts": "2026-10-17T21:27:00.000Z",
              "ret": "-0.129",
              "close": "7.76"
            },
            {
              "v": "20512.0195",
              "ts": "2026-10-17T21:30:00.000Z",
              "ret": "0.389",
              "close": "7.75"
            },
            {
              "v": "18340.0658",
              "ts": "2026-10-17T21:32:00.000Z",
              "ret": "0.000",
              "close": "7.72"
            },
            {
              "v": "11258.1964",
              "ts": "2026-10-17T21:26:00.000Z",
              "ret": "-0.128",
              "close": "7.78"
            }
          ],
          "volume_window_usd": 143604.1177,
          "median_hourly_24h_usd": 52949.7386
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance ETC/USDT: $139.1K traded in the last hour vs a typical hour of $52.9K (2.6×); busiest minutes: 21:29 $28.2K (-0.387%), 21:27 $22.6K (-0.129%), 21:30 $20.5K (+0.389%), 21:32 $18.3K (0%), 21:26 $11.3K (-0.128%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T21:30:00.000Z",
          "change_1h_pct": -1.43,
          "change_4h_pct": -0.35,
          "open_interest_usd": 19766025.10179
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $19.8M: -1.43% vs 1h ago, -0.35% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "ETC/USDT:USDT",
              "funding_rate_pct": 0.01
            },
            {
              "venue": "bybit",
              "symbol": "ETC/USDT:USDT",
              "funding_rate_pct": 0.01
            },
            {
              "venue": "okx",
              "symbol": "ETC/USDT:USDT",
              "funding_rate_pct": 0.01
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm 0.0100%, bybit 0.0100%, okx 0.0100% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T21:35:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": null,
          "top_account_long_short": 1.7693,
          "top_position_long_short": null
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short undefined, top traders by position undefined, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 11,
          "longs_usd": 27003.3528,
          "total_usd": 27003.3528,
          "shorts_usd": 0,
          "largest_usd": 12052.884100000001
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "11 forced liquidations worth $27K in the window: $27K longs, $0 shorts; largest $12.1K"
      },
      {
        "id": "E7",
        "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": "E8",
        "data": {
          "trending": false,
          "categories": [
            "Smart Contract Platform",
            "Layer 1 (L1)",
            "Proof of Work (PoW)",
            "Coinbase 50 Index"
          ],
          "btc_change_24h_pct": -0.74135,
          "btc_window_return_pct": -0.52,
          "eth_window_return_pct": -1.15,
          "global_market_cap_change_24h_pct": -2.96731501288777
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.52% and ETH -1.15% over the same window; total crypto market cap -2.97% in 24h; categories: Smart Contract Platform, Layer 1 (L1), Proof of Work (PoW), Coinbase 50 Index"
      },
      {
        "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": "2026-10-17T00:00:39.584Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 0,
          "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 0% positive (as of 2026-10-17)"
      },
      {
        "id": "E11",
        "data": {
          "signals": [
            {
              "id": "115585",
              "kind": "price_move",
              "ratio": 4.33,
              "value": -1.658,
              "details": {
                "z_1h": 4.33,
                "price": 7.71,
                "ret_1h_pct": -1.658,
                "ret_15m_pct": -1.783
              },
              "baseline": 0.386,
              "event_ts": "2026-10-17T21:36:00.000Z",
              "severity": 3,
              "direction": "down"
            },
            {
              "id": "115532",
              "kind": "price_move",
              "ratio": 2.73,
              "value": -1.022,
              "details": {
                "z_1h": 2.73,
                "price": 7.75,
                "ret_1h_pct": -1.022,
                "ret_15m_pct": -1.274
              },
              "baseline": 0.377,
              "event_ts": "2026-10-17T21:29:00.000Z",
              "severity": 2,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, high) at 21:36; price_move (down, medium) at 21:29"
      }
    ],
    "symbol": "ETC",
    "window_to": "2026-10-17T21:32:13.132Z",
    "gathered_at": "2026-10-17T21:37:57.616Z",
    "window_from": "2026-10-17T19:32:13.132Z",
    "coingecko_id": "ethereum-classic"
  },
  "model": "claude-opus-5-5"
}