Proof · Brief

What CoinGraph said about sky, exactly as issued.

Issued 2026-10-17 23:34:18 UTC · id 1894

SKY -1.4% on thin volume, ~2% drop after 21:15; no clear catalyst found

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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

55d0b65241365746a9841916f3823ac1332d0b6224ee6c7ec3bebf51d30ac8d1

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/1894

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
ccxt:binanceklines:1m23:34:185826 ms✓
ccxt:bybitklines:1m23:34:08889 ms✓
ccxt:okxklines:1m23:34:081519 ms✓
ccxt:gateklines:1m23:34:07914 ms✓
ccxt:krakenklines:1m23:34:074194 ms✓
nownodeseth-archive:eth_call:balanceOf23:33:53386 ms✓
nownodeseth:/address/{wallet}:investigation23:33:53429 ms✓
nownodeseth-archive:eth_call:balanceOf23:33:52824 ms✓
nownodeseth:/address/{wallet}:investigation23:33:501113 ms✓
coingecko/coins/markets23:33:41429 ms✓
ccxt:binanceusdmklines:1m23:33:218152 ms✓
ccxt:binanceklines:1m23:33:175940 ms✓
ccxt:bybitklines:1m23:33:09876 ms✓
ccxt:okxklines:1m23:33:081778 ms✓
ccxt:gateklines:1m23:33:081120 ms✓
ccxt:krakenklines:1m23:33:074141 ms✓
coingecko/coins/markets23:32:41377 ms✓
ccxt:binanceusdmklines:1m23:32:198842 ms✓
ccxt:binanceklines:1m23:32:176003 ms✓
ccxt:bybitklines:1m23:32:10879 ms✓
ccxt:okxklines:1m23:32:061858 ms✓
ccxt:gateklines:1m23:32:061818 ms✓
ccxt:krakenklines:1m23:32:064151 ms✓
nownodesbsc:eth_getLogs23:31:46744 ms✓
nownodesbsc:eth_getLogs23:31:421591 ms✓
The exact object (14,244 bytes)
{
  "id": "1894",
  "token": {
    "id": "sky"
  },
  "headline": "SKY -1.4% on thin volume, ~2% drop after 21:15; no clear catalyst found",
  "brief": {
    "caveats": [
      "The CoinGecko summary line rounds prices to $0.1. Actual prices are about $0.0699–0.0713.",
      "Binance spot volume ($20K/hr) covers only a small slice of the $5.7M 24h volume. Other venues were not observed and may have driven the move.",
      "Exchange-wallet labels are incomplete. The $548K transfer's counterparties are unlabeled and its purpose is unknown.",
      "OI, funding and positioning were snapshotted at about 23:25, after the window, not at the time of the drop.",
      "No news or social data was provided, so a news-driven cause cannot be confirmed or ruled out."
    ],
    "onchain": [
      {
        "text": "On ETH there were 229 SKY transfers worth $812.6K. Exchange inflow was $3.8K and outflow $48.8K, a net outflow of $45K. That is large relative to the typical 15-min |net| of $1.1K but small in absolute terms.",
        "evidence": [
          "E6"
        ]
      },
      {
        "text": "The largest transfer was 7.7M SKY ($548K) at 20:48, nearly 30 minutes before the drop. It went from a very active address (329,691 txs, balance down from 15M to 7.3M SKY) to an established wallet (4,119 txs, balance up from 3.7M to 11.4M SKY). Neither side is tagged as an exchange, so it is not evidence of selling.",
        "evidence": [
          "E7",
          "E9",
          "E10"
        ]
      },
      {
        "text": "Known exchange wallets hold 633M SKY ($44.5M). Over 24h Binance holdings fell 0.54% and Bybit 1.39%; Coinbase rose 2.79%. These are mixed changes with no exchange-deposit surge.",
        "evidence": [
          "E8"
        ]
      }
    ],
    "summary": "SKY held near $0.0711–0.0713 for most of the window, then fell about 2% between 21:15 and 21:45 to $0.0699. The move was big enough to trigger two medium price-move signals (1h z-score about 3.4), but Binance spot volume was below normal and derivatives positioning barely changed. The evidence matches drift in a weak market (ETH -1.08%, SKY -9.8% over 7 days) more than a specific sell event. Onchain exchange flows were small and net outflows.",
    "headline": "SKY -1.4% on thin volume, ~2% drop after 21:15; no clear catalyst found",
    "severity": 1,
    "direction": "bearish",
    "confidence": 0.4,
    "watch_next": [
      "Whether price holds the $0.0699 window low or extends the 7d downtrend",
      "Any exchange inflow spike to Binance or Bybit wallets, which would reverse the current small net outflow",
      "Whether the 0x03ffb8cc… receiver wallet (now 11.4M SKY) moves tokens to an exchange",
      "Binance OI and funding: a rise in OI with negative funding would show shorts pressing",
      "ETH direction, since SKY moved in line with it in this window",
      "Sky Lending TVL trend"
    ],
    "likely_causes": [
      {
        "cause": "Thin liquidity plus weak broader market. With little volume on Binance, modest selling during a market-wide dip moved the price about 2% in 15–30 minutes.",
        "evidence": [
          "E2",
          "E12",
          "E1"
        ],
        "confidence": 0.45
      },
      {
        "cause": "Continuation of the existing weekly downtrend. Price is down 9.8% over 7d and Sky protocol TVL is down 3.8–5.7% over 7d.",
        "evidence": [
          "E1",
          "E14"
        ],
        "confidence": 0.3
      },
      {
        "cause": "No specific catalyst appears in the evidence. There was no derivatives flush and no exchange-inflow spike, so the exact trigger for the 21:15–21:45 drop is unexplained.",
        "evidence": [
          "E3",
          "E4",
          "E6"
        ],
        "confidence": 0.5
      }
    ],
    "what_happened": [
      {
        "text": "SKY fell 1.44% over the window. Price was flat around $0.0710–0.0713 until 21:15 (high $0.071299), then dropped to $0.069893 by 21:45. By 23:33 it was $0.07012.",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph flagged two medium downside price-move signals. At 21:40 the 1h return was -1.96% and the 15m return -1.89%, with a 1h z-score of 3.44. At 21:53 the 1h return was -1.97%.",
        "evidence": [
          "E16"
        ]
      },
      {
        "text": "Binance SKY/USDT spot traded only $20.1K in the last hour, 0.9× a typical hour. The busiest minutes of the drop were 21:37 ($3.0K, -0.43%) and 21:38 ($4.6K, -0.22%). Such small trades can move this order book.",
        "evidence": [
          "E2"
        ]
      },
      {
        "text": "Over 24h SKY was down 1.03% and over 7d down 9.79%. 24h volume was $5.7M against a $1.6B market cap (rank #61).",
        "evidence": [
          "E1"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Over the same window BTC fell 0.45% and ETH 1.08%. Total crypto market cap was down 3.45% in 24h. SKY's -1.44% is roughly in line with ETH.",
        "evidence": [
          "E12"
        ]
      },
      {
        "text": "Derivatives were calm. Binance open interest was $17.7M, -0.04% over 1h and -1.3% over 4h. Funding was near zero on all three venues (Binance +0.0025%, Bybit -0.0007%, OKX -0.0034% per 8h).",
        "evidence": [
          "E3",
          "E4"
        ]
      },
      {
        "text": "On Binance positioning, the all-accounts long/short ratio was 0.75 (more short accounts), while top traders by position were 2.53 (net long). Taker buy/sell data was unavailable.",
        "evidence": [
          "E5"
        ]
      },
      {
        "text": "Fear & Greed is 55 (Greed), down from 64 a week ago.",
        "evidence": [
          "E13"
        ]
      },
      {
        "text": "Sky Lending TVL is $5.7B (-0.31% 1d, -5.33% 7d), with similar slow declines in Sky Money and Sky RWA.",
        "evidence": [
          "E14"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Sky",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 0.10087,
          "low": 0.069893,
          "high": 0.071299,
          "rank": 61,
          "as_of": "2026-10-17T23:33:00.000Z",
          "price": 0.07012,
          "path_15m": [
            {
              "t": "2026-10-17T19:45:00.000Z",
              "price": 0.071145
            },
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 0.07113
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 0.071145
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 0.071004
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 0.071141
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 0.071236
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 0.071299
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 0.070527
            },
            {
              "t": "2026-10-17T21:45:00.000Z",
              "price": 0.069893
            }
          ],
          "market_cap": 1642172895,
          "volume_24h": 5698203,
          "change_1h_pct": -0.08264698338510644,
          "change_7d_pct": -9.790299755564133,
          "change_24h_pct": -1.03143,
          "window_return_pct": -1.44
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "SKY $0.1 now; -1.44% over the window (high $0.1, low $0.1); 1h -0.08%, 24h -1.03%, 7d -9.79%; rank #61, market cap $1.6B, 24h volume $5.7M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 0.8952070999275665,
          "venue": "binance",
          "symbol": "SKY/USDT",
          "volume_1h_usd": 20062.97595,
          "busiest_minutes": [
            {
              "v": "4640.43522",
              "ts": "2026-10-17T21:38:00.000Z",
              "ret": "-0.215",
              "close": "0.06971"
            },
            {
              "v": "3748.92617",
              "ts": "2026-10-17T21:30:00.000Z",
              "ret": "0.213",
              "close": "0.07044"
            },
            {
              "v": "3197.72534",
              "ts": "2026-10-17T20:32:00.000Z",
              "ret": "0.028",
              "close": "0.0711"
            },
            {
              "v": "2963.49997",
              "ts": "2026-10-17T21:37:00.000Z",
              "ret": "-0.428",
              "close": "0.06979"
            },
            {
              "v": "2796.80088",
              "ts": "2026-10-17T21:32:00.000Z",
              "ret": "0.000",
              "close": "0.07025"
            }
          ],
          "volume_window_usd": 55498.90153,
          "median_hourly_24h_usd": 22411.54695
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance SKY/USDT: $20.1K traded in the last hour vs a typical hour of $22.4K (0.9×); busiest minutes: 21:38 $4.6K (-0.215%), 21:30 $3.7K (+0.213%), 20:32 $3.2K (+0.028%), 21:37 $3K (-0.428%), 21:32 $2.8K (0%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T23:25:00.000Z",
          "change_1h_pct": -0.04,
          "change_4h_pct": -1.3,
          "open_interest_usd": 17657215.5474
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $17.7M: -0.04% vs 1h ago, -1.3% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "SKY/USDT:USDT",
              "funding_rate_pct": 0.002484
            },
            {
              "venue": "bybit",
              "symbol": "SKY/USDT:USDT",
              "funding_rate_pct": -0.000658
            },
            {
              "venue": "okx",
              "symbol": "SKY/USDT:USDT",
              "funding_rate_pct": -0.00341372951608
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm 0.0025%, bybit -0.0007%, okx -0.0034% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T23:25:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 0.7479,
          "top_account_long_short": 1.0538,
          "top_position_long_short": 2.5298
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 0.75, top traders by position 2.53, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "chain": "eth",
          "transfers": 229,
          "volume_usd": 812642.4067620963,
          "large_transfers": 1,
          "exchange_net_usd": -45030.89070931682,
          "exchange_inflow_usd": 3818.330331756021,
          "exchange_outflow_usd": 48849.221041072844,
          "median_volume_15m_7d": 39869.2279788569,
          "median_abs_net_15m_7d": 1089.9015239372
        },
        "kind": "exchange_flows",
        "source": "nownodes:eth:eth_getLogs",
        "summary": "Onchain (ETH): 229 transfers worth $812.6K in the window; $3.8K moved onto exchanges, $48.8K left exchanges → net outflow of $45K (typical 15-min |net| $1.1K)"
      },
      {
        "id": "E7",
        "data": {
          "transfers": [
            {
              "to": "0x03ffb8cc16499d20cf79261ebc7064f72984330e",
              "ts": "2026-10-17T20:48:49.086Z",
              "from": "0x4a4aaa0155237881fbd5c34bfae16e985a7b068d",
              "block": 26214767,
              "chain": "eth",
              "amount": 7697825.63,
              "tx_hash": "0x9b3887266cfb1aa3e9c353f68a13ffdfb72a79a7955647774344bf8a86871740",
              "direction": "other",
              "to_entity": null,
              "amount_usd": 548362.3065786799,
              "from_entity": null
            }
          ]
        },
        "kind": "large_transfers",
        "source": "nownodes:onchain_transfers",
        "summary": "1 largest transfers in the window: $548.4K other at 20:48"
      },
      {
        "id": "E8",
        "data": {
          "by_exchange": [
            {
              "entity": "binance",
              "balance": 566974789.1173106,
              "balance_usd": 39866832.2967837,
              "change_24h_pct": -0.54
            },
            {
              "entity": "bybit",
              "balance": 35835737.53025785,
              "balance_usd": 2519789.8844400807,
              "change_24h_pct": -1.39
            },
            {
              "entity": "bitfinex",
              "balance": 13054022.4637808,
              "balance_usd": 917893.589540747,
              "change_24h_pct": 0
            },
            {
              "entity": "gate",
              "balance": 11438258.47870794,
              "balance_usd": 804281.1449303487,
              "change_24h_pct": 0
            },
            {
              "entity": "coinbase",
              "balance": 5179790.49184424,
              "balance_usd": 364216.96843402775,
              "change_24h_pct": 2.79
            },
            {
              "entity": "crypto.com",
              "balance": 102172.11148723488,
              "balance_usd": 7184.232019224921,
              "change_24h_pct": -11.6
            },
            {
              "entity": "okx",
              "balance": 1,
              "balance_usd": 0.070315,
              "change_24h_pct": 0
            },
            {
              "entity": "bitget",
              "balance": 5.196e-13,
              "balance_usd": 3.6535674000000004e-14,
              "change_24h_pct": 0
            }
          ]
        },
        "kind": "exchange_reserves",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "Known exchange wallets hold 633M SKY ($44.5M): binance 567M (-0.54% vs 24h ago), bybit 36M (-1.39% vs 24h ago), bitfinex 13M (0% vs 24h ago), gate 11M (0% vs 24h ago)"
      },
      {
        "id": "E9",
        "data": {
          "role": "sender",
          "address": "0x4a4aaa0155237881fbd5c34bfae16e985a7b068d",
          "profile": "very active (exchange, contract or bot)",
          "tx_count": 329691,
          "transfer_usd": 548362.3065786799,
          "native_balance": 0.6586796444764369,
          "token_balance_now": 7314670.087461291,
          "window_start_block": 26214535,
          "token_balance_window_start": 15012495.717461292
        },
        "kind": "wallet_profile",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "sender 0x4a4aaa01… ($548.4K transfer): very active (exchange, contract or bot), 329,691 transactions, holds 7.3M SKY now vs 15M at the start of the window (-51.28%), 0.66 ETH"
      },
      {
        "id": "E10",
        "data": {
          "role": "receiver",
          "address": "0x03ffb8cc16499d20cf79261ebc7064f72984330e",
          "profile": "established wallet",
          "tx_count": 4119,
          "transfer_usd": 548362.3065786799,
          "native_balance": 1.4136390506921246,
          "token_balance_now": 11399397.960419,
          "window_start_block": 26214535,
          "token_balance_window_start": 3701572.330419
        },
        "kind": "wallet_profile",
        "source": "nownodes:eth-blockbook:/address/{wallet}",
        "summary": "receiver 0x03ffb8cc… ($548.4K transfer): established wallet, 4,119 transactions, holds 11M SKY now vs 3.7M at the start of the window (+207.96%), 1.41 ETH"
      },
      {
        "id": "E11",
        "data": {
          "as_of": "2026-10-17T23:32:00.000Z",
          "chain": "eth",
          "base_fee_gwei": 0.034886260186666664,
          "gas_used_ratio": 0.5046214272435858,
          "avg_base_fee_24h_gwei": 0.06191525835402778,
          "priority_fee_p50_gwei": 0.016334483759999997
        },
        "kind": "network_fees",
        "source": "nownodes:eth:eth_feeHistory",
        "summary": "ETH base fee 0.03 gwei (24h average 0.06), blocks 50% full"
      },
      {
        "id": "E12",
        "data": {
          "trending": false,
          "categories": [
            "Decentralized Finance (DeFi)",
            "Ethereum Ecosystem",
            "Stablecoin Issuer",
            "Hydration Ecosystem",
            "Governance"
          ],
          "btc_change_24h_pct": -0.46771,
          "btc_window_return_pct": -0.45,
          "eth_window_return_pct": -1.08,
          "global_market_cap_change_24h_pct": -3.447097985473352
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.45% and ETH -1.08% over the same window; total crypto market cap -3.45% in 24h; categories: Decentralized Finance (DeFi), Ethereum Ecosystem, Stablecoin Issuer, Hydration Ecosystem"
      },
      {
        "id": "E13",
        "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": "E14",
        "data": {
          "protocols": [
            {
              "name": "Sky Lending",
              "tvl_usd": 5654228713.092538,
              "category": "CDP",
              "protocol": "sky-lending",
              "change_1d_pct": -0.30512143827803584,
              "change_7d_pct": -5.327801509565674
            },
            {
              "name": "Sky Money",
              "tvl_usd": 109554731.16247673,
              "category": "Risk Curators",
              "protocol": "sky-money",
              "change_1d_pct": -0.092064188752218,
              "change_7d_pct": -3.813290516823514
            },
            {
              "name": "Sky RWA",
              "tvl_usd": 69661040.28823525,
              "category": "RWA",
              "protocol": "sky-rwa",
              "change_1d_pct": -0.9054485339878227,
              "change_7d_pct": -5.662728484934519
            }
          ]
        },
        "kind": "protocol_tvl",
        "source": "defillama:/protocols",
        "summary": "Protocol TVL (DefiLlama): Sky Lending $5.7B (-0.31% 1d, -5.33% 7d); Sky Money $109.6M (-0.09% 1d, -3.81% 7d); Sky RWA $69.7M (-0.91% 1d, -5.66% 7d)"
      },
      {
        "id": "E15",
        "data": {
          "as_of": "2026-10-17T00:00:37.783Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 80,
          "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 80% positive (as of 2026-10-17)"
      },
      {
        "id": "E16",
        "data": {
          "signals": [
            {
              "id": "115880",
              "kind": "price_move",
              "ratio": 3.44,
              "value": -1.961,
              "details": {
                "z_1h": 3.44,
                "price": 0.069681,
                "ret_1h_pct": -1.961,
                "ret_15m_pct": -1.885
              },
              "baseline": 0.577,
              "event_ts": "2026-10-17T21:40:00.000Z",
              "severity": 2,
              "direction": "down"
            },
            {
              "id": "116508",
              "kind": "price_move",
              "ratio": 3.32,
              "value": -1.973,
              "details": {
                "z_1h": 3.32,
                "price": 0.069822,
                "ret_1h_pct": -1.973,
                "ret_15m_pct": -0.519
              },
              "baseline": 0.602,
              "event_ts": "2026-10-17T21:53:00.000Z",
              "severity": 2,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, medium) at 21:40; price_move (down, medium) at 21:53"
      }
    ],
    "symbol": "SKY",
    "window_to": "2026-10-17T21:46:32.189Z",
    "gathered_at": "2026-10-17T23:33:55.607Z",
    "window_from": "2026-10-17T19:46:32.189Z",
    "coingecko_id": "sky"
  },
  "model": "claude-opus-5-5"
}