Proof · Brief

What CoinGraph said about shiba-inu, exactly as issued.

Issued 2026-10-17 22:39:21 UTC · id 1885

SHIB -2% in 30 min to $0.00000493 on thin volume as ETH slips; small long liquidations

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✓ Sources

60 source calls recorded around issue time

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

SHA-256 fingerprint

4d38a4062bbadd344e85806089e7f196e521f16bf542a9498d82f19b5dd4db4d

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Check it yourself
curl -s https://coingraph.ai/api/v1/verify/1885

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
ccxt:binanceklines:1m22:39:185655 ms✓
ccxt:okxklines:1m22:39:101508 ms✓
ccxt:bybitklines:1m22:39:09888 ms✓
ccxt:gateklines:1m22:39:081044 ms✓
ccxt:krakenklines:1m22:39:084191 ms✓
nownodeseth-archive:eth_call:balanceOf22:38:53613 ms✓
nownodeseth:/address/{wallet}:investigation22:38:502050 ms✓
nownodeseth-archive:eth_call:balanceOf22:38:50209 ms✓
nownodeseth:/address/{wallet}:investigation22:38:472500 ms✓
nownodeseth-archive:eth_call:balanceOf22:38:46601 ms✓
coingecko/coins/markets22:38:40451 ms✓
nownodeseth:/address/{wallet}:investigation22:38:406209 ms✓
ccxt:binanceusdmklines:1m22:38:218215 ms✓
ccxt:binanceklines:1m22:38:175927 ms✓
ccxt:okxklines:1m22:38:081568 ms✓
ccxt:bybitklines:1m22:38:07872 ms✓
ccxt:gateklines:1m22:38:071461 ms✓
ccxt:krakenklines:1m22:38:074189 ms✓
nownodeseth-archive:eth_call:balanceOf22:37:43218 ms✓
nownodeseth:/address/{wallet}:investigation22:37:421032 ms✓
nownodeseth-archive:eth_call:balanceOf22:37:41696 ms✓
coingecko/coins/markets22:37:40440 ms✓
nownodeseth:/address/{wallet}:investigation22:37:40807 ms✓
ccxt:binanceusdmklines:1m22:37:227764 ms✓
ccxt:binanceklines:1m22:37:185807 ms✓
The exact object (15,557 bytes)
{
  "id": "1885",
  "token": {
    "id": "shiba-inu"
  },
  "headline": "SHIB -2% in 30 min to $0.00000493 on thin volume as ETH slips; small long liquidations",
  "brief": {
    "caveats": [
      "Price in the E1 header rounds to $0; the real values are around $0.0000049–0.0000050, taken from the E1 data fields.",
      "Dollar volumes and liquidation totals are small, so modest flows could move the price; the high z-scores partly reflect SHIB's usually low volatility.",
      "The largest onchain transfers are between unlabeled wallets, so we can't tell whether they are exchange, OTC or internal movements.",
      "The global long/short ratio and taker buy/sell data were unavailable (null).",
      "Volume covers Binance spot only; activity on other venues is not observed."
    ],
    "onchain": [
      {
        "text": "On Ethereum: 330 SHIB transfers worth $823.5K. $7.3K went onto exchanges and $35.8K left them, a net outflow of $28.5K. That is large next to the typical 15-min net of $1.4K but tiny in absolute terms.",
        "evidence": [
          "E7"
        ]
      },
      {
        "text": "The largest transfer was 100.8B SHIB ($505.2K) at 20:48. The sender, 0x4a4aaa01, is a very active wallet (329,677 txs) whose SHIB balance fell 47%. The receiver, 0xb0a27099, is an established wallet holding 58,289 ETH whose SHIB balance rose 48.9%. Neither is labeled as an exchange. Price was flat when it happened.",
        "evidence": [
          "E8",
          "E10",
          "E11"
        ]
      },
      {
        "text": "7.41B SHIB (about $36.7K) moved from a very active wallet, 0x65164129, to 0x84b38bc6 at 21:29, then on to 0x2cc8e472 at 21:32. The second hop falls in the same minute as the -0.404% Binance candle, but neither wallet is labeled, so the overlap in time does not show a causal link.",
        "evidence": [
          "E8",
          "E12",
          "E2"
        ]
      },
      {
        "text": "Known exchange wallets hold 88T SHIB ($437.1M). Binance's balance is +0.06% over 24h, Coinbase -6.11%, Bitfinex -3.66%, Gate -0.46%. None of these shows a build-up of supply on exchanges.",
        "evidence": [
          "E9"
        ]
      }
    ],
    "summary": "SHIB sat flat near $0.00000501–0.00000502 for most of the window, then fell to $0.00000493 between 21:15 and 21:45 UTC. That is about -1.4% over the window and -2% over one hour, which our signals rate as unusual for SHIB (z≈5.6). The drop came on Binance spot volume 1.8× normal but small in dollar terms ($88.9K/hr), alongside $34.5K of long liquidations and a weaker ETH (-1.11%). None of the evidence shows a clear coin-specific driver. Futures positioning stayed neutral, and onchain exchange flows were a small net outflow, which leans against selling pressure.",
    "headline": "SHIB -2% in 30 min to $0.00000493 on thin volume as ETH slips; small long liquidations",
    "severity": 1,
    "direction": "bearish",
    "confidence": 0.5,
    "watch_next": [
      "Whether $0.00000491–0.00000493 holds (the window low and the low at the 21:40 signal)",
      "Whether ETH weakness continues; SHIB moved with ETH in this window",
      "Top traders are positioned 1.56 long; another leg down could trigger more long liquidations",
      "Any move of the 100.8B SHIB now at 0xb0a27099, or of the 7.41B SHIB at 0x2cc8e472, onto labeled exchange wallets",
      "Binance spot volume: whether the 1.8× pickup grows or fades"
    ],
    "likely_causes": [
      {
        "cause": "Drift with a weaker market, ETH-led: ETH fell 1.11% and BTC 0.36% over the same window, and total crypto market cap is down 3.33% in 24h. SHIB is an Ethereum-ecosystem meme token and tends to move with higher beta.",
        "evidence": [
          "E14",
          "E1"
        ],
        "confidence": 0.45
      },
      {
        "cause": "Thin-liquidity selling, with small long liquidations adding to it: the decline was concentrated in a few high-volume minutes (21:32, 21:37) on modest absolute volume, and only longs were liquidated ($34.5K). The amounts are too small to have driven the move by themselves.",
        "evidence": [
          "E2",
          "E6"
        ],
        "confidence": 0.35
      },
      {
        "cause": "No clear coin-specific catalyst in the evidence. Exchange flows were a net outflow, funding is normal and open interest is roughly flat, so none of them points to a deliberate sell-off.",
        "evidence": [
          "E3",
          "E4",
          "E7"
        ],
        "confidence": 0.5
      }
    ],
    "what_happened": [
      {
        "text": "Price held at $0.00000501–0.00000502 from 19:45 to 21:15 UTC, then fell to $0.00000496 by 21:30 and $0.00000493 by 21:45. Window return was -1.39%. The 24h change is -2.96% and the 7d change is -9.17%.",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph flagged downside price-move signals at 21:40 (1h -1.996%, z 5.59, price $0.00000491) and at 21:53 (1h -1.796%, z 4.66).",
        "evidence": [
          "E17"
        ]
      },
      {
        "text": "Binance SHIB/USDT traded $88.9K in the last hour against a typical hour of $48.7K (1.8×). The busiest minutes were 21:32 ($34.9K, -0.404%), 21:37 ($24K, -0.203%) and 21:38 ($37.4K, +0.204%), all inside the decline.",
        "evidence": [
          "E2"
        ]
      },
      {
        "text": "29 long positions were liquidated on OKX and Binance, worth $34.5K in total (largest $13.2K). No shorts were liquidated.",
        "evidence": [
          "E6"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Over the window BTC fell 0.36% and ETH 1.11%. Total crypto market cap is down 3.33% in 24h. SHIB is not trending.",
        "evidence": [
          "E14"
        ]
      },
      {
        "text": "Fear & Greed is 55 (Greed), down from 64 a week ago.",
        "evidence": [
          "E15"
        ]
      },
      {
        "text": "Derivatives look neutral. Binance futures open interest is $21.8M (+0.29% over 1h, -1.38% over 4h). Funding is 0.008% on Binance and 0.010% on OKX, both normal. Top-trader long/short by position is 1.56.",
        "evidence": [
          "E3",
          "E4",
          "E5"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Shiba Inu",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 0.00008616,
          "low": 0.00000493,
          "high": 0.00000502,
          "rank": 37,
          "as_of": "2026-10-17T22:37:00.000Z",
          "price": 0.00000495,
          "path_15m": [
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 0.00000502
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 0.00000502
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 0.00000502
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 0.00000501
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 0.00000501
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 0.00000501
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 0.00000501
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 0.00000496
            },
            {
              "t": "2026-10-17T21:45:00.000Z",
              "price": 0.00000493
            }
          ],
          "market_cap": 2916567836,
          "volume_24h": 34829729,
          "change_1h_pct": 0.20242914979757,
          "change_7d_pct": -9.174311926605505,
          "change_24h_pct": -2.96042,
          "window_return_pct": -1.39
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "SHIB $0 now; -1.39% over the window (high $0, low $0); 1h +0.2%, 24h -2.96%, 7d -9.17%; rank #37, market cap $2.9B, 24h volume $34.8M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 1.825342954555703,
          "venue": "binance",
          "symbol": "SHIB/USDT",
          "volume_1h_usd": 88904.89353755,
          "busiest_minutes": [
            {
              "v": "37376.31105281",
              "ts": "2026-10-17T21:38:00.000Z",
              "ret": "0.204",
              "close": "0.00000492"
            },
            {
              "v": "34938.77043653",
              "ts": "2026-10-17T21:32:00.000Z",
              "ret": "-0.404",
              "close": "0.00000493"
            },
            {
              "v": "24027.62369634",
              "ts": "2026-10-17T21:37:00.000Z",
              "ret": "-0.203",
              "close": "0.00000492"
            },
            {
              "v": "18632.30051388",
              "ts": "2026-10-17T21:26:00.000Z",
              "ret": "0.000",
              "close": "0.00000498"
            },
            {
              "v": "11557.28557668",
              "ts": "2026-10-17T21:21:00.000Z",
              "ret": "-0.199",
              "close": "0.00000501"
            }
          ],
          "volume_window_usd": 216826.71895143,
          "median_hourly_24h_usd": 48705.85733802
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance SHIB/USDT: $88.9K traded in the last hour vs a typical hour of $48.7K (1.8×); busiest minutes: 21:38 $37.4K (+0.204%), 21:32 $34.9K (-0.404%), 21:37 $24K (-0.203%), 21:26 $18.6K (0%), 21:21 $11.6K (-0.199%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T22:30:00.000Z",
          "change_1h_pct": 0.29,
          "change_4h_pct": -1.38,
          "open_interest_usd": 21804624.945935
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $21.8M: +0.29% vs 1h ago, -1.38% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "1000SHIB/USDT:USDT",
              "funding_rate_pct": 0.008028
            },
            {
              "venue": "okx",
              "symbol": "SHIB/USDT:USDT",
              "funding_rate_pct": 0.01
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm 0.0080%, okx 0.0100% (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": null,
          "top_account_long_short": 1.5747,
          "top_position_long_short": 1.563
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short undefined, top traders by position 1.56, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 29,
          "longs_usd": 34497.726,
          "total_usd": 34497.726,
          "shorts_usd": 0,
          "largest_usd": 13238.4154
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "29 forced liquidations worth $34.5K in the window: $34.5K longs, $0 shorts; largest $13.2K"
      },
      {
        "id": "E7",
        "data": {
          "chain": "eth",
          "transfers": 330,
          "volume_usd": 823504.3038566515,
          "large_transfers": 3,
          "exchange_net_usd": -28497.60405588672,
          "exchange_inflow_usd": 7282.517408892287,
          "exchange_outflow_usd": 35780.12146477901,
          "median_volume_15m_7d": 40391.2515116135,
          "median_abs_net_15m_7d": 1359.95876000657
        },
        "kind": "exchange_flows",
        "source": "nownodes:eth:eth_getLogs",
        "summary": "Onchain (ETH): 330 transfers worth $823.5K in the window; $7.3K moved onto exchanges, $35.8K left exchanges → net outflow of $28.5K (typical 15-min |net| $1.4K)"
      },
      {
        "id": "E8",
        "data": {
          "transfers": [
            {
              "to": "0xb0a27099582833c0cb8c7a0565759ff145113d64",
              "ts": "2026-10-17T20:48:00.391Z",
              "from": "0x4a4aaa0155237881fbd5c34bfae16e985a7b068d",
              "block": 26214763,
              "chain": "eth",
              "amount": 100842608428,
              "tx_hash": "0x3209ee7b828effc2a7be5438d2f2921e352a248253e954e33143a799d2085756",
              "direction": "other",
              "to_entity": null,
              "amount_usd": 505221.46822428005,
              "from_entity": null
            },
            {
              "to": "0x84b38bc60f3bd82640ecefa320dab2be62e2da15",
              "ts": "2026-10-17T21:29:23.000Z",
              "from": "0x651641299c7ec0aa44ad7ed9b7e12702fed2022f",
              "block": 26214969,
              "chain": "eth",
              "amount": 7411342313,
              "tx_hash": "0xc9e236b5775d92cd150378f09998694a53f5a2a2b91eed8c2d7992c50678a3a7",
              "direction": "other",
              "to_entity": null,
              "amount_usd": 36760.25787248,
              "from_entity": null
            },
            {
              "to": "0x2cc8e4721a001f1921298bc9d894aca13630b0c6",
              "ts": "2026-10-17T21:32:12.315Z",
              "from": "0x84b38bc60f3bd82640ecefa320dab2be62e2da15",
              "block": 26214983,
              "chain": "eth",
              "amount": 7411342313,
              "tx_hash": "0x81e0dbffe7d79f565d728c74420b08528344a935e7c3a0a6a6fb81af689014fa",
              "direction": "other",
              "to_entity": null,
              "amount_usd": 36537.917603090005,
              "from_entity": null
            }
          ]
        },
        "kind": "large_transfers",
        "source": "nownodes:onchain_transfers",
        "summary": "3 largest transfers in the window: $505.2K other at 20:48; $36.8K other at 21:29; $36.5K other at 21:32"
      },
      {
        "id": "E9",
        "data": {
          "by_exchange": [
            {
              "entity": "binance",
              "balance": 45265818591284.61,
              "balance_usd": 224065802.0268588,
              "change_24h_pct": 0.06
            },
            {
              "entity": "robinhood",
              "balance": 39273242865360.94,
              "balance_usd": 194402552.18353665,
              "change_24h_pct": 0
            },
            {
              "entity": "gate",
              "balance": 3067510593561.911,
              "balance_usd": 15184177.43813146,
              "change_24h_pct": -0.46
            },
            {
              "entity": "coinbase",
              "balance": 465070172254.1281,
              "balance_usd": 2302097.3526579337,
              "change_24h_pct": -6.11
            },
            {
              "entity": "bitfinex",
              "balance": 138429291099.76364,
              "balance_usd": 685224.99094383,
              "change_24h_pct": -3.66
            },
            {
              "entity": "crypto.com",
              "balance": 79502157059.91438,
              "balance_usd": 393535.6774465762,
              "change_24h_pct": -1.51
            },
            {
              "entity": "okx",
              "balance": 8847405564.045212,
              "balance_usd": 43794.65754202379,
              "change_24h_pct": 0
            },
            {
              "entity": "kraken",
              "balance": 5714129.267599911,
              "balance_usd": 28.28493987461956,
              "change_24h_pct": 0
            }
          ]
        },
        "kind": "exchange_reserves",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "Known exchange wallets hold 88T SHIB ($437.1M): binance 45T (+0.06% vs 24h ago), robinhood 39T (0% vs 24h ago), gate 3.1T (-0.46% vs 24h ago), coinbase 465B (-6.11% vs 24h ago)"
      },
      {
        "id": "E10",
        "data": {
          "role": "sender",
          "address": "0x4a4aaa0155237881fbd5c34bfae16e985a7b068d",
          "profile": "very active (exchange, contract or bot)",
          "tx_count": 329677,
          "transfer_usd": 505221.46822428005,
          "native_balance": 0.658972040979381,
          "token_balance_now": 113648949297.78029,
          "window_start_block": 26214524,
          "token_balance_window_start": 214491557725.78027
        },
        "kind": "wallet_profile",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "sender 0x4a4aaa01… ($505.2K transfer): very active (exchange, contract or bot), 329,677 transactions, holds 114B SHIB now vs 214B at the start of the window (-47.01%), 0.66 ETH"
      },
      {
        "id": "E11",
        "data": {
          "role": "receiver",
          "address": "0xb0a27099582833c0cb8c7a0565759ff145113d64",
          "profile": "established wallet",
          "tx_count": 40644,
          "transfer_usd": 505221.46822428005,
          "native_balance": 58288.87447765144,
          "token_balance_now": 307004370617.04614,
          "window_start_block": 26214524,
          "token_balance_window_start": 206161762189.04614
        },
        "kind": "wallet_profile",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "receiver 0xb0a27099… ($505.2K transfer): established wallet, 40,644 transactions, holds 307B SHIB now vs 206B at the start of the window (+48.91%), 58288.87 ETH"
      },
      {
        "id": "E12",
        "data": {
          "role": "sender",
          "address": "0x651641299c7ec0aa44ad7ed9b7e12702fed2022f",
          "profile": "very active (exchange, contract or bot)",
          "tx_count": 197072,
          "transfer_usd": 36760.25787248,
          "native_balance": 36.769526714634324,
          "token_balance_now": 1430396210274.6238,
          "window_start_block": 26214524,
          "token_balance_window_start": 1442182544783.1365
        },
        "kind": "wallet_profile",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "sender 0x65164129… ($36.8K transfer): very active (exchange, contract or bot), 197,072 transactions, holds 1.4T SHIB now vs 1.4T at the start of the window (-0.82%), 36.77 ETH"
      },
      {
        "id": "E13",
        "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": "E14",
        "data": {
          "trending": false,
          "categories": [
            "Meme",
            "Ethereum Ecosystem",
            "Animoca Brands Portfolio",
            "Dog-Themed",
            "GMCI Meme Index",
            "GMCI 30 Index",
            "GMCI Index",
            "Coinbase 50 Index"
          ],
          "btc_change_24h_pct": -0.57187,
          "btc_window_return_pct": -0.36,
          "eth_window_return_pct": -1.11,
          "global_market_cap_change_24h_pct": -3.328220548065851
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.36% and ETH -1.11% over the same window; total crypto market cap -3.33% in 24h; categories: Meme, Ethereum Ecosystem, Animoca Brands Portfolio, Dog-Themed"
      },
      {
        "id": "E15",
        "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": "E16",
        "data": {
          "as_of": "2026-10-17T00:00:31.033Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 76.47,
          "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 76% positive (as of 2026-10-17)"
      },
      {
        "id": "E17",
        "data": {
          "signals": [
            {
              "id": "115661",
              "kind": "price_move",
              "ratio": 5.59,
              "value": -1.996,
              "details": {
                "z_1h": 5.59,
                "price": 0.00000491,
                "ret_1h_pct": -1.996,
                "ret_15m_pct": -1.8
              },
              "baseline": 0.362,
              "event_ts": "2026-10-17T21:40:00.000Z",
              "severity": 3,
              "direction": "down"
            },
            {
              "id": "116507",
              "kind": "price_move",
              "ratio": 4.66,
              "value": -1.796,
              "details": {
                "z_1h": 4.66,
                "price": 0.00000492,
                "ret_1h_pct": -1.796,
                "ret_15m_pct": -0.405
              },
              "baseline": 0.39,
              "event_ts": "2026-10-17T21:53:00.000Z",
              "severity": 3,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, high) at 21:40; price_move (down, high) at 21:53"
      }
    ],
    "symbol": "SHIB",
    "window_to": "2026-10-17T21:46:28.176Z",
    "gathered_at": "2026-10-17T22:38:54.918Z",
    "window_from": "2026-10-17T19:46:28.176Z",
    "coingecko_id": "shiba-inu"
  },
  "model": "claude-opus-5-5"
}