Proof · Brief

What CoinGraph said about filecoin, exactly as issued.

Issued 2026-10-17 22:32:26 UTC · id 1872

FIL -3% in a sharp drop after 21:15 UTC; OI -3.6%, $202K of longs liquidated, no catalyst found

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60 source calls recorded around issue time

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SHA-256 fingerprint

0735e1cd427b365bfd883d96e42a2400d31ed08000724d8440dd162b5eaee617

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curl -s https://coingraph.ai/api/v1/verify/1872

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
ccxt:binanceusdmklines:1m22:32:197902 ms✓
ccxt:binanceklines:1m22:32:166205 ms✓
ccxt:okxklines:1m22:32:081901 ms✓
ccxt:bybitklines:1m22:32:08866 ms✓
ccxt:gateklines:1m22:32:07786 ms✓
ccxt:krakenklines:1m22:32:074165 ms✓
nownodesbsc:eth_getLogs22:31:45541 ms✓
nownodesbsc:eth_getLogs22:31:411669 ms✓
coingecko/coins/markets22:31:40466 ms✓
nownodeseth-archive:eth_call:balanceOf22:31:34377 ms✓
nownodeseth:/address/{wallet}:investigation22:31:331514 ms✓
nownodeseth-archive:eth_call:balanceOf22:31:311430 ms✓
nownodeseth:/address/{wallet}:investigation22:31:291374 ms✓
nownodeseth-archive:eth_call:balanceOf22:31:244893 ms✓
nownodeseth:/address/{wallet}:investigation22:31:231087 ms✓
ccxt:binanceusdmklines:1m22:31:187786 ms✓
ccxt:binanceklines:1m22:31:165216 ms✓
ccxt:okxklines:1m22:31:085341 ms✓
ccxt:bybitklines:1m22:31:08869 ms✓
ccxt:gateklines:1m22:31:081855 ms✓
ccxt:krakenklines:1m22:31:073980 ms✓
nownodeseth:eth_getLogs22:31:023863 ms✓
coingecko/coins/markets22:30:40369 ms✓
ccxt:binanceusdmfuturesSentiment:5m22:30:3033367 ms✓
nownodeseth-archive:eth_call:balanceOf22:30:28384 ms✓
The exact object (9,829 bytes)
{
  "id": "1872",
  "token": {
    "id": "filecoin"
  },
  "headline": "FIL -3% in a sharp drop after 21:15 UTC; OI -3.6%, $202K of longs liquidated, no catalyst found",
  "brief": {
    "caveats": [
      "No news, Filecoin onchain or exchange-flow data was provided, so the trigger for the drop is unknown.",
      "E1's window low ($1.07) is above the later price ($1.054), so the drop seems to have continued past the 15-minute samples. The 21:37 Binance close of $1.0486 is the lowest print in the evidence.",
      "Liquidation data covers OKX and Binance only, and the total is small, so liquidations alone are unlikely to explain the move.",
      "The taker buy/sell ratio was not available."
    ],
    "onchain": [
      {
        "text": "No Filecoin-chain data is in the evidence, so there is nothing on exchange inflows or large holders. The only onchain item is Ethereum gas (base fee 0.06 gwei, blocks 50% full), which is normal and has no bearing on FIL.",
        "evidence": [
          "E7"
        ]
      }
    ],
    "summary": "FIL was flat near $1.09 for most of the window, then fell from $1.096 at 21:15 to about $1.05 by 21:37. That made it -3.04% for the window and -7.17% over 24h, far worse than BTC (-0.3%) and ETH (-1.03%). The drop came with a jump in short-term volume, long liquidations and falling open interest, which looks like longs unwinding. Nothing in the evidence explains why the selling started.",
    "headline": "FIL -3% in a sharp drop after 21:15 UTC; OI -3.6%, $202K of longs liquidated, no catalyst found",
    "severity": 2,
    "direction": "bearish",
    "confidence": 0.55,
    "watch_next": [
      "Whether FIL holds around $1.05 or keeps falling after the 21:37 low of $1.0486",
      "Whether open interest keeps falling, which would mean the long unwind is still running",
      "Long/short ratio (now 1.93): if it stays high, more long liquidations are possible",
      "Whether funding turns more negative, a sign of new shorts piling in",
      "Whether FIL's underperformance against BTC and ETH continues"
    ],
    "likely_causes": [
      {
        "cause": "Crowded long positions unwinding, which pushed the selling further: long liquidations plus falling open interest point to longs closing out.",
        "evidence": [
          "E3",
          "E5",
          "E6"
        ],
        "confidence": 0.5
      },
      {
        "cause": "FIL-specific selling, not a market-wide move: FIL fell 3% while BTC fell only 0.3% and ETH 1.03%. What started the selling is not in the evidence, and no news or onchain trigger was found.",
        "evidence": [
          "E1",
          "E8"
        ],
        "confidence": 0.4
      },
      {
        "cause": "A weaker overall market, which adds to the pressure without explaining the size of FIL's move: total crypto market cap is -3.33% over 24h, and Fear & Greed has dropped to 55 from 64 a week ago.",
        "evidence": [
          "E8",
          "E9"
        ],
        "confidence": 0.3
      }
    ],
    "what_happened": [
      {
        "text": "FIL held between $1.087 and $1.096 from 19:30 to 21:15 UTC. It then fell to $1.07 by 21:30 and $1.0486 by 21:37. Window return is -3.04%, 1h -1.4%, 24h -7.17% and 7d -5.89%. Price was $1.054 at 22:31.",
        "evidence": [
          "E1",
          "E2"
        ]
      },
      {
        "text": "On Binance FIL/USDT, the heaviest minutes all came during the drop: 21:22 ($285.3K, -0.46%), 21:32 ($284.8K, -0.12%) and 21:37 ($199.7K, -0.63%). Hourly volume was $789.7K against a typical $685.4K (1.15×).",
        "evidence": [
          "E2"
        ]
      },
      {
        "text": "CoinGraph flagged a 1h price move of -4.03% (z-score 3.04, -3.06% in 15m) at 21:40. It flagged a volume spike at 21:43: $792.5K traded in 15 minutes, 5.47× the 24h median.",
        "evidence": [
          "E11"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Binance futures open interest is $55.3M, down 3.55% over 1h and 3.92% over 4h.",
        "evidence": [
          "E3"
        ]
      },
      {
        "text": "Forced liquidations in the window: 50, totalling $201.9K, of which $201.7K were longs and only $206 shorts. The largest was $50.5K. That is small next to $175.2M of 24h volume.",
        "evidence": [
          "E6",
          "E1"
        ]
      },
      {
        "text": "Funding is slightly negative on all three venues: Binance -0.0086%, Bybit -0.0135%, OKX -0.0035% per 8h. Account positioning is still long-heavy: all accounts 1.93 long/short, top traders by position 2.27.",
        "evidence": [
          "E4",
          "E5"
        ]
      },
      {
        "text": "Broader market: BTC -0.3% and ETH -1.03% over the window; total crypto market cap -3.33% over 24h; Fear & Greed 55 (Greed). FIL is not trending.",
        "evidence": [
          "E8",
          "E9"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Filecoin",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 236.84,
          "low": 1.07,
          "high": 1.096,
          "rank": 83,
          "as_of": "2026-10-17T22:31:00.000Z",
          "price": 1.054,
          "path_15m": [
            {
              "t": "2026-10-17T19:30:00.000Z",
              "price": 1.087
            },
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 1.088
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 1.089
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 1.089
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 1.089
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 1.091
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 1.09
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 1.096
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 1.07
            }
          ],
          "market_cap": 880609589,
          "volume_24h": 175161874,
          "change_1h_pct": -1.4031805425631432,
          "change_7d_pct": -5.892857142857143,
          "change_24h_pct": -7.17064,
          "window_return_pct": -3.04
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "FIL $1.1 now; -3.04% over the window (high $1.1, low $1.1); 1h -1.4%, 24h -7.17%, 7d -5.89%; rank #83, market cap $880.6M, 24h volume $175.2M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 1.1521444506115253,
          "venue": "binance",
          "symbol": "FIL/USDT",
          "volume_1h_usd": 789704.463693,
          "busiest_minutes": [
            {
              "v": "285260.252513",
              "ts": "2026-10-17T21:22:00.000Z",
              "ret": "-0.458",
              "close": "1.0861"
            },
            {
              "v": "284774.357864",
              "ts": "2026-10-17T21:32:00.000Z",
              "ret": "-0.122",
              "close": "1.0624"
            },
            {
              "v": "199705.275708",
              "ts": "2026-10-17T21:37:00.000Z",
              "ret": "-0.625",
              "close": "1.0486"
            },
            {
              "v": "70462.12102",
              "ts": "2026-10-17T21:30:00.000Z",
              "ret": "0.000",
              "close": "1.0667"
            },
            {
              "v": "53449.662209",
              "ts": "2026-10-17T21:29:00.000Z",
              "ret": "-0.364",
              "close": "1.0671"
            }
          ],
          "volume_window_usd": 1770362.205463,
          "median_hourly_24h_usd": 685421.401174
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance FIL/USDT: $789.7K traded in the last hour vs a typical hour of $685.4K (1.2×); busiest minutes: 21:22 $285.3K (-0.458%), 21:32 $284.8K (-0.122%), 21:37 $199.7K (-0.625%), 21:30 $70.5K (0%), 21:29 $53.4K (-0.364%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T22:30:00.000Z",
          "change_1h_pct": -3.55,
          "change_4h_pct": -3.92,
          "open_interest_usd": 55250398.2183
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $55.3M: -3.55% vs 1h ago, -3.92% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "FIL/USDT:USDT",
              "funding_rate_pct": -0.008579999999999999
            },
            {
              "venue": "bybit",
              "symbol": "FIL/USDT:USDT",
              "funding_rate_pct": -0.013454999999999998
            },
            {
              "venue": "okx",
              "symbol": "FIL/USDT:USDT",
              "funding_rate_pct": -0.00347790141735
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm -0.0086%, bybit -0.0135%, okx -0.0035% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T22:30:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 1.9334,
          "top_account_long_short": 2.2552,
          "top_position_long_short": 2.2704
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 1.93, top traders by position 2.27, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 50,
          "longs_usd": 201678.32506,
          "total_usd": 201884.68326000002,
          "shorts_usd": 206.35820000001695,
          "largest_usd": 50467.2
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "50 forced liquidations worth $201.9K in the window: $201.7K longs, $206.4 shorts; largest $50.5K"
      },
      {
        "id": "E7",
        "data": {
          "as_of": "2026-10-17T22:17:00.000Z",
          "chain": "eth",
          "base_fee_gwei": 0.061069469493333334,
          "gas_used_ratio": 0.49646298342140444,
          "avg_base_fee_24h_gwei": 0.0629272957677193,
          "priority_fee_p50_gwei": 0.027031968000000014
        },
        "kind": "network_fees",
        "source": "nownodes:eth:eth_feeHistory",
        "summary": "ETH base fee 0.06 gwei (24h average 0.06), blocks 50% full"
      },
      {
        "id": "E8",
        "data": {
          "trending": false,
          "categories": [
            "Infrastructure",
            "Smart Contract Platform",
            "Storage",
            "Layer 1 (L1)",
            "DePIN",
            "Alleged SEC Securities",
            "Pantera Capital Portfolio",
            "GMCI DePIN Index",
            "GMCI 30 Index",
            "Sequoia Capital Portfolio",
            "Blockchain Capital Portfolio",
            "GMCI Index",
            "Made in USA",
            "CoinList Launchpad"
          ],
          "btc_change_24h_pct": -0.62116,
          "btc_window_return_pct": -0.3,
          "eth_window_return_pct": -1.03,
          "global_market_cap_change_24h_pct": -3.328220548065851
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.3% and ETH -1.03% over the same window; total crypto market cap -3.33% in 24h; categories: Infrastructure, Smart Contract Platform, Storage, Layer 1 (L1)"
      },
      {
        "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": "2026-10-17T00:00:42.304Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 75,
          "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 75% positive (as of 2026-10-17)"
      },
      {
        "id": "E11",
        "data": {
          "signals": [
            {
              "id": "115562",
              "kind": "volume_spike",
              "ratio": 5.47,
              "value": 792517,
              "details": {
                "median_15m_24h": 144826,
                "volume_usd_15m": 792517
              },
              "baseline": 144826,
              "event_ts": "2026-10-17T21:43:58.840Z",
              "severity": 2,
              "direction": "neutral"
            },
            {
              "id": "115799",
              "kind": "price_move",
              "ratio": 3.04,
              "value": -4.033,
              "details": {
                "z_1h": 3.04,
                "price": 1.047,
                "ret_1h_pct": -4.033,
                "ret_15m_pct": -3.056
              },
              "baseline": 1.362,
              "event_ts": "2026-10-17T21:40:00.000Z",
              "severity": 2,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: volume_spike (neutral, medium) at 21:43; price_move (down, medium) at 21:40"
      }
    ],
    "symbol": "FIL",
    "window_to": "2026-10-17T21:37:19.878Z",
    "gathered_at": "2026-10-17T22:32:06.269Z",
    "window_from": "2026-10-17T19:37:19.878Z",
    "coingecko_id": "filecoin"
  },
  "model": "claude-opus-5-5"
}