Proof · Brief

What CoinGraph said about stellar, exactly as issued.

Issued 2026-10-17 22:36:44 UTC · id 1880

XLM falls ~2% in 15 min near 21:30 UTC as Binance spot volume hits 4.3× normal; no clear cause

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60 source calls recorded around issue time

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SHA-256 fingerprint

1bb97df64b69bdf50023eb0b72703e7bd7099eca7d03d2c7fc42fe19852e70cb

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curl -s https://coingraph.ai/api/v1/verify/1880

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
coingecko/coins/markets22:36:40464 ms✓
ccxt:binanceusdmklines:1m22:36:207781 ms✓
ccxt:binanceklines:1m22:36:185887 ms✓
ccxt:okxklines:1m22:36:105430 ms✓
ccxt:bybitklines:1m22:36:10862 ms✓
ccxt:gateklines:1m22:36:091009 ms✓
ccxt:krakenklines:1m22:36:094002 ms✓
nownodeseth-archive:eth_call:balanceOf22:35:51294 ms✓
nownodeseth:/address/{wallet}:investigation22:35:491176 ms✓
nownodeseth-archive:eth_call:balanceOf22:35:49266 ms✓
nownodeseth:/address/{wallet}:investigation22:35:471178 ms✓
nownodeseth-archive:eth_call:balanceOf22:35:47651 ms✓
nownodeseth:/address/{wallet}:investigation22:35:45848 ms✓
coingecko/coins/markets22:35:40413 ms✓
ccxt:binanceusdmfuturesSentiment:5m22:35:3033096 ms✓
ccxt:binanceusdmklines:1m22:35:228132 ms✓
ccxt:binanceusdmopenInterestHist:5m22:35:209909 ms✓
ccxt:bybitfetchFundingRates22:35:18165 ms✓
ccxt:binanceklines:1m22:35:186018 ms✓
ccxt:okxfetchFundingRates22:35:17220 ms✓
ccxt:binanceusdmfetchFundingRates22:35:16205 ms✓
ccxt:okxklines:1m22:35:091582 ms✓
ccxt:bybitklines:1m22:35:09876 ms✓
ccxt:gateklines:1m22:35:081225 ms✓
ccxt:krakenklines:1m22:35:084177 ms✓
The exact object (9,799 bytes)
{
  "id": "1880",
  "token": {
    "id": "stellar"
  },
  "headline": "XLM falls ~2% in 15 min near 21:30 UTC as Binance spot volume hits 4.3× normal; no clear cause",
  "brief": {
    "caveats": [
      "The evidence does not show what caused the drop; no news, exchange-flow or Stellar onchain data was provided.",
      "The volume spike is small in absolute terms: about $0.86M in the hour on one venue, against $99.4M of 24h volume across the market.",
      "CoinGecko's summary line rounds prices to $0.2; use the raw figures in the data fields.",
      "Binance's top-trader and taker buy/sell data were unavailable."
    ],
    "onchain": [
      {
        "text": "There is no onchain data for the Stellar network in the evidence. The only chain data provided is Ethereum's: base fee 0.05 gwei against a 0.06 gwei 24h average, with blocks 49% full. That shows no unusual congestion and is not directly relevant to XLM.",
        "evidence": [
          "E7"
        ]
      }
    ],
    "summary": "XLM traded flat at about $0.1788–0.1791 for most of the window. Starting around 21:30 UTC it dropped about 1.6% in 15 minutes, reaching about $0.1752–0.1753. By 22:35 it was at $0.1761. Spot volume on Binance spiked, but the futures data shows no forced selling: open interest barely moved, funding was only mildly negative and liquidations were tiny. XLM fell more than BTC and ETH in a weak market. The evidence does not show what caused the selling.",
    "headline": "XLM falls ~2% in 15 min near 21:30 UTC as Binance spot volume hits 4.3× normal; no clear cause",
    "severity": 2,
    "direction": "bearish",
    "confidence": 0.6,
    "watch_next": [
      "Whether XLM holds the ~$0.1752–0.1753 low or breaks below it",
      "Whether Binance spot volume falls back toward the ~$201K/hour baseline or stays elevated",
      "Whether funding turns more negative and open interest rises, which would mean new shorts are building",
      "How XLM moves relative to BTC and ETH if the broad market keeps falling"
    ],
    "likely_causes": [
      {
        "cause": "Concentrated spot selling on Binance in a few minutes around 21:30–21:38 UTC. The evidence does not show who sold or why.",
        "evidence": [
          "E2",
          "E11"
        ],
        "confidence": 0.5
      },
      {
        "cause": "Broad market weakness, made larger for XLM. BTC fell 0.4% and ETH 1.24% over the same window, total crypto market cap is down 3.33% in 24h, and Fear & Greed slipped from 64 to 55 over the week.",
        "evidence": [
          "E8",
          "E9"
        ],
        "confidence": 0.4
      },
      {
        "cause": "Not a derivatives-driven flush. Open interest rose only 0.35% in 1h, and liquidations totalled just $2.6K (all longs, largest $1.4K). No specific news or catalyst is in the evidence.",
        "evidence": [
          "E3",
          "E6"
        ],
        "confidence": 0.6
      }
    ],
    "what_happened": [
      {
        "text": "Price held in a tight $0.17878–0.17908 range from 19:45 to 21:15 UTC. It then fell to $0.177186 at the 21:30 CoinGecko print and was at $0.176091 as of 22:35. CoinGecko puts the window return at -1.53%. (CoinGecko's summary line rounds the high and low to $0.2; the raw values are $0.179078 and $0.177186.)",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph's price-move signal fired at 21:40: -2.05% over 1h and -1.63% over 15m at $0.17522. That is 5.72× the usual hourly move.",
        "evidence": [
          "E11"
        ]
      },
      {
        "text": "Binance XLM/USDT spot traded $856.5K in the last hour, against a typical hour of $201K (4.3×). Activity was concentrated around 21:30–21:41. The busiest minute was 21:32, with $165.9K traded and a -0.227% move. At 21:38, $121.5K traded with a close of $0.1753, the lowest of the busiest minutes. A 15-minute volume-spike signal also fired: $533K versus a median of $47K (11.3×).",
        "evidence": [
          "E2",
          "E11"
        ]
      },
      {
        "text": "On a longer view, XLM is down 2.92% over 24h and 10.54% over 7d. It ranks #21 with a $6.2B market cap and $99.4M in 24h volume.",
        "evidence": [
          "E1"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Funding is negative on all three venues: Binance -0.0156%, Bybit -0.0118% and OKX -0.0087% per 8h. Binance's all-account long/short ratio is 0.96. Positioning leans slightly short, but not to an extreme.",
        "evidence": [
          "E4",
          "E5"
        ]
      },
      {
        "text": "Binance futures open interest is $33.6M: +0.35% over 1h and -1.54% over 4h.",
        "evidence": [
          "E3"
        ]
      },
      {
        "text": "XLM is in CoinGecko's trending searches, while CoinGecko community sentiment is only 40% positive.",
        "evidence": [
          "E8",
          "E10"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Stellar",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 0.875563,
          "low": 0.177186,
          "high": 0.179078,
          "rank": 21,
          "as_of": "2026-10-17T22:35:00.000Z",
          "price": 0.176091,
          "path_15m": [
            {
              "t": "2026-10-17T19:30:00.000Z",
              "price": 0.178819
            },
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 0.178781
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 0.178979
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 0.179078
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 0.178831
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 0.178968
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 0.178895
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 0.178909
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 0.177186
            }
          ],
          "market_cap": 6200987897,
          "volume_24h": 99358354,
          "change_1h_pct": -0.11854792966534317,
          "change_7d_pct": -10.54013960718967,
          "change_24h_pct": -2.92091,
          "window_return_pct": -1.53
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "XLM $0.2 now; -1.53% over the window (high $0.2, low $0.2); 1h -0.12%, 24h -2.92%, 7d -10.54%; rank #21, market cap $6.2B, 24h volume $99.4M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 4.260437784185662,
          "venue": "binance",
          "symbol": "XLM/USDT",
          "volume_1h_usd": 856476.0915,
          "busiest_minutes": [
            {
              "v": "165905.9965",
              "ts": "2026-10-17T21:32:00.000Z",
              "ret": "-0.227",
              "close": "0.176"
            },
            {
              "v": "121481.349",
              "ts": "2026-10-17T21:38:00.000Z",
              "ret": "0.114",
              "close": "0.1753"
            },
            {
              "v": "45194.3924",
              "ts": "2026-10-17T21:36:00.000Z",
              "ret": "-0.114",
              "close": "0.1759"
            },
            {
              "v": "32018.5151",
              "ts": "2026-10-17T21:41:00.000Z",
              "ret": "0.227",
              "close": "0.1763"
            },
            {
              "v": "26976.0365",
              "ts": "2026-10-17T21:30:00.000Z",
              "ret": "0.283",
              "close": "0.177"
            }
          ],
          "volume_window_usd": 868247.7862,
          "median_hourly_24h_usd": 201030.0666
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance XLM/USDT: $856.5K traded in the last hour vs a typical hour of $201K (4.3×); busiest minutes: 21:32 $165.9K (-0.227%), 21:38 $121.5K (+0.114%), 21:36 $45.2K (-0.114%), 21:41 $32K (+0.227%), 21:30 $27K (+0.283%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T22:30:00.000Z",
          "change_1h_pct": 0.35,
          "change_4h_pct": -1.54,
          "open_interest_usd": 33625562.83476
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $33.6M: +0.35% vs 1h ago, -1.54% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "XLM/USDT:USDT",
              "funding_rate_pct": -0.015648
            },
            {
              "venue": "bybit",
              "symbol": "XLM/USDT:USDT",
              "funding_rate_pct": -0.011783
            },
            {
              "venue": "okx",
              "symbol": "XLM/USDT:USDT",
              "funding_rate_pct": -0.00872802893815
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm -0.0156%, bybit -0.0118%, okx -0.0087% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T22:35:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 0.9639,
          "top_account_long_short": null,
          "top_position_long_short": null
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 0.96, top traders by position undefined, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 12,
          "longs_usd": 2617.1076,
          "total_usd": 2617.1076,
          "shorts_usd": 0,
          "largest_usd": 1374.0867
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "12 forced liquidations worth $2.6K in the window: $2.6K longs, $0 shorts; largest $1.4K"
      },
      {
        "id": "E7",
        "data": {
          "as_of": "2026-10-17T22:32:00.000Z",
          "chain": "eth",
          "base_fee_gwei": 0.05480076565333334,
          "gas_used_ratio": 0.4899713208817486,
          "avg_base_fee_24h_gwei": 0.06284264441236112,
          "priority_fee_p50_gwei": 0.12105738250666669
        },
        "kind": "network_fees",
        "source": "nownodes:eth:eth_feeHistory",
        "summary": "ETH base fee 0.05 gwei (24h average 0.06), blocks 49% full"
      },
      {
        "id": "E8",
        "data": {
          "trending": true,
          "categories": [
            "Smart Contract Platform",
            "Layer 1 (L1)",
            "Real World Assets (RWA)",
            "Stellar Ecosystem",
            "GMCI 30 Index",
            "GMCI Index",
            "Made in USA",
            "Coinbase 50 Index"
          ],
          "btc_change_24h_pct": -0.60444,
          "btc_window_return_pct": -0.4,
          "eth_window_return_pct": -1.24,
          "global_market_cap_change_24h_pct": -3.328220548065851
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.4% and ETH -1.24% over the same window; total crypto market cap -3.33% in 24h; XLM is in CoinGecko's trending searches; categories: Smart Contract Platform, Layer 1 (L1), Real World Assets (RWA), Stellar Ecosystem"
      },
      {
        "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": "2026-10-17T00:00:27.227Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 40,
          "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 40% positive (as of 2026-10-17)"
      },
      {
        "id": "E11",
        "data": {
          "signals": [
            {
              "id": "115599",
              "kind": "price_move",
              "ratio": 5.72,
              "value": -2.049,
              "details": {
                "z_1h": 5.72,
                "price": 0.17522,
                "ret_1h_pct": -2.049,
                "ret_15m_pct": -1.626
              },
              "baseline": 0.362,
              "event_ts": "2026-10-17T21:40:00.000Z",
              "severity": 3,
              "direction": "down"
            },
            {
              "id": "116305",
              "kind": "volume_spike",
              "ratio": 11.32,
              "value": 533063,
              "details": {
                "median_15m_24h": 47101,
                "volume_usd_15m": 533063
              },
              "baseline": 47101,
              "event_ts": "2026-10-17T21:44:59.544Z",
              "severity": 3,
              "direction": "neutral"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, high) at 21:40; volume_spike (neutral, high) at 21:44"
      }
    ],
    "symbol": "XLM",
    "window_to": "2026-10-17T21:43:20.568Z",
    "gathered_at": "2026-10-17T22:36:24.266Z",
    "window_from": "2026-10-17T19:43:20.568Z",
    "coingecko_id": "stellar"
  },
  "model": "claude-opus-5-5"
}