Proof · Brief

What CoinGraph said about hedera-hashgraph, exactly as issued.

Issued 2026-10-17 23:37:11 UTC · id 1900

HBAR fell 2.5% in 30 min on 10x volume (21:15–21:45 UTC), then recovered; no clear cause

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60 source calls recorded around issue time

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SHA-256 fingerprint

ae9ece07ba2c14b91ccf6acc2f8864016f68cdaca7d45409a7462e1cefcd3f40

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curl -s https://coingraph.ai/api/v1/verify/1900

Source calls behind it

ProviderEndpointAt (UTC)LatencyOK
ccxt:okxklines:1m23:37:081832 ms✓
ccxt:bybitklines:1m23:37:08880 ms✓
ccxt:gateklines:1m23:37:071455 ms✓
ccxt:krakenklines:1m23:37:074326 ms✓
coingecko/coins/markets23:36:41472 ms✓
ccxt:binanceusdmklines:1m23:36:178121 ms✓
ccxt:binanceklines:1m23:36:145416 ms✓
ccxt:okxklines:1m23:36:085401 ms✓
ccxt:bybitklines:1m23:36:08865 ms✓
ccxt:gateklines:1m23:36:071362 ms✓
ccxt:krakenklines:1m23:36:073962 ms✓
coingecko/coins/markets23:35:41406 ms✓
ccxt:binanceusdmfuturesSentiment:5m23:35:3132929 ms✓
nownodeseth-archive:eth_call:balanceOf23:35:29313 ms✓
nownodeseth:/address/{wallet}:investigation23:35:271772 ms✓
nownodeseth-archive:eth_call:balanceOf23:35:27209 ms✓
nownodeseth:/address/{wallet}:investigation23:35:26290 ms✓
nownodeseth-archive:eth_call:balanceOf23:35:25659 ms✓
nownodeseth:/address/{wallet}:investigation23:35:25677 ms✓
ccxt:binanceusdmklines:1m23:35:238762 ms✓
ccxt:binanceusdmopenInterestHist:5m23:35:2110804 ms✓
ccxt:binanceklines:1m23:35:186618 ms✓
ccxt:bybitfetchFundingRates23:35:17137 ms✓
ccxt:okxfetchFundingRates23:35:16220 ms✓
ccxt:binanceusdmfetchFundingRates23:35:15138 ms✓
The exact object (10,299 bytes)
{
  "id": "1900",
  "token": {
    "id": "hedera-hashgraph"
  },
  "headline": "HBAR fell 2.5% in 30 min on 10x volume (21:15–21:45 UTC), then recovered; no clear cause",
  "brief": {
    "caveats": [
      "The evidence has no news, exchange-flow or Hedera onchain data, so the cause of the 21:15–21:45 selling is unknown",
      "The venue for the 10x volume figure in E11 is not stated. Binance spot alone showed only 1.7x hourly volume",
      "Open interest, funding and positioning snapshots are from about 23:30, roughly 1.5h after the window ended",
      "Liquidation data covers only OKX and Binance"
    ],
    "onchain": [
      {
        "text": "The evidence contains no Hedera onchain data. The only onchain item is Ethereum gas (base fee 0.034 gwei against a 0.062 gwei 24h average), which says nothing about HBAR flows.",
        "evidence": [
          "E7"
        ]
      }
    ],
    "summary": "HBAR fell from $0.08558 at 21:15 UTC to $0.08342 at 21:45, about 2.5%. In the same stretch, 15-minute volume ran about 10x its 24h median. By 22:00 the price had bounced slightly, and by 23:36 it was $0.08488, so the window as a whole ended only -0.3%. Forced liquidations were tiny and funding was flat. BTC and ETH were mildly softer, but nothing in the evidence explains the sharp selling burst.",
    "headline": "HBAR fell 2.5% in 30 min on 10x volume (21:15–21:45 UTC), then recovered; no clear cause",
    "severity": 1,
    "direction": "neutral",
    "confidence": 0.55,
    "watch_next": [
      "Whether HBAR holds above the $0.0834 window low",
      "Whether the volume spike repeats with another down leg, or volume goes back to its ~$53K/15m median",
      "Open interest rising along with long-heavy top-trader positioning (3.17): if price drops again, longs are exposed",
      "Whether BTC and ETH keep weakening, given the -3.45% move in total market cap over 24h"
    ],
    "likely_causes": [
      {
        "text": "The evidence does not identify a specific cause. No news, onchain transfers or exchange flows for HBAR are included.",
        "cause": "Unexplained concentrated spot selling; no catalyst in the evidence",
        "evidence": [
          "E2",
          "E11"
        ],
        "confidence": 0.5
      },
      {
        "cause": "Mild weakness across the market (BTC -0.43%, ETH -1.06% over the window; total market cap -3.45% over 24h) may have added some pressure, but HBAR's 2.5% intra-window drop was much larger than BTC's move",
        "evidence": [
          "E8"
        ],
        "confidence": 0.3
      },
      {
        "cause": "A derivatives liquidation cascade is unlikely: only $12.7K of long liquidations, and funding was near zero",
        "evidence": [
          "E6",
          "E4"
        ],
        "confidence": 0.7
      }
    ],
    "what_happened": [
      {
        "text": "Price peaked at $0.085583 at 21:15 and fell to $0.083421 by 21:45, a drop of about 2.5%. It was $0.083531 at 22:00. Over the full window the change was -0.3%.",
        "evidence": [
          "E1"
        ]
      },
      {
        "text": "CoinGraph flagged a high-severity down move at 21:40: -2.49% over 1h, -2.76% over 15m, z-score 4.5. It also flagged volume spikes at 21:44–21:45, with $539K–$545K traded in 15 minutes against a $52.9K median (about 10.2–10.3x).",
        "evidence": [
          "E11"
        ]
      },
      {
        "text": "On Binance spot, the last hour of the window traded $414.6K against a typical $237.6K (1.7x). The heaviest down minutes were 21:31 (-0.796%, $68K) and 21:37 (-0.408%, $76.3K).",
        "evidence": [
          "E2"
        ]
      },
      {
        "text": "Since the window, HBAR has recovered to $0.084875 (as of 23:36). It is +1.31% over 1h and +1.79% over 24h, but still -7.9% over 7d.",
        "evidence": [
          "E1"
        ]
      }
    ],
    "market_context": [
      {
        "text": "Derivatives are calm. Binance open interest is $37.3M, +1.31% over 1h and +2.28% over 4h (as of 23:30). Funding is roughly zero: Binance +0.0040%, Bybit -0.0045%, OKX -0.0007% per 8h.",
        "evidence": [
          "E3",
          "E4"
        ]
      },
      {
        "text": "Binance positioning leans long. The all-accounts long/short ratio is 1.12, and top traders by position are at 3.17.",
        "evidence": [
          "E5"
        ]
      },
      {
        "text": "Wider sentiment has cooled. Fear & Greed is 55 (Greed), down from 64 a week ago. Global market cap is -3.45% over 24h. HBAR is not trending.",
        "evidence": [
          "E9",
          "E8"
        ]
      }
    ]
  },
  "evidence": {
    "name": "Hedera",
    "items": [
      {
        "id": "E1",
        "data": {
          "ath": 0.569229,
          "low": 0.083421,
          "high": 0.085583,
          "rank": 32,
          "as_of": "2026-10-17T23:36:00.000Z",
          "price": 0.084875,
          "path_15m": [
            {
              "t": "2026-10-17T20:00:00.000Z",
              "price": 0.085132
            },
            {
              "t": "2026-10-17T20:15:00.000Z",
              "price": 0.084742
            },
            {
              "t": "2026-10-17T20:30:00.000Z",
              "price": 0.084599
            },
            {
              "t": "2026-10-17T20:45:00.000Z",
              "price": 0.085085
            },
            {
              "t": "2026-10-17T21:00:00.000Z",
              "price": 0.085456
            },
            {
              "t": "2026-10-17T21:15:00.000Z",
              "price": 0.085583
            },
            {
              "t": "2026-10-17T21:30:00.000Z",
              "price": 0.084352
            },
            {
              "t": "2026-10-17T21:45:00.000Z",
              "price": 0.083421
            },
            {
              "t": "2026-10-17T22:00:00.000Z",
              "price": 0.083531
            }
          ],
          "market_cap": 3736234063,
          "volume_24h": 74749270,
          "change_1h_pct": 1.30578532125422,
          "change_7d_pct": -7.902732264155038,
          "change_24h_pct": 1.78933,
          "window_return_pct": -0.3
        },
        "kind": "price",
        "source": "coingecko:/coins/markets",
        "summary": "HBAR $0.1 now; -0.3% over the window (high $0.1, low $0.1); 1h +1.31%, 24h +1.79%, 7d -7.9%; rank #32, market cap $3.7B, 24h volume $74.7M"
      },
      {
        "id": "E2",
        "data": {
          "ratio": 1.7448413759871653,
          "venue": "binance",
          "symbol": "HBAR/USDT",
          "volume_1h_usd": 414604.92299,
          "busiest_minutes": [
            {
              "v": "88406.84748",
              "ts": "2026-10-17T21:20:00.000Z",
              "ret": "0.222",
              "close": "0.08584"
            },
            {
              "v": "76265.52089",
              "ts": "2026-10-17T21:37:00.000Z",
              "ret": "-0.408",
              "close": "0.08303"
            },
            {
              "v": "68474.48128",
              "ts": "2026-10-17T21:32:00.000Z",
              "ret": "0.168",
              "close": "0.08361"
            },
            {
              "v": "67983.24468",
              "ts": "2026-10-17T21:31:00.000Z",
              "ret": "-0.796",
              "close": "0.08348"
            },
            {
              "v": "59186.57652",
              "ts": "2026-10-17T21:43:00.000Z",
              "ret": "-0.179",
              "close": "0.08347"
            }
          ],
          "volume_window_usd": 1776827.4496,
          "median_hourly_24h_usd": 237617.54432
        },
        "kind": "spot_volume",
        "source": "binance:klines:1m",
        "summary": "binance HBAR/USDT: $414.6K traded in the last hour vs a typical hour of $237.6K (1.7×); busiest minutes: 21:20 $88.4K (+0.222%), 21:37 $76.3K (-0.408%), 21:32 $68.5K (+0.168%), 21:31 $68K (-0.796%), 21:43 $59.2K (-0.179%)"
      },
      {
        "id": "E3",
        "data": {
          "as_of": "2026-10-17T23:30:00.000Z",
          "change_1h_pct": 1.31,
          "change_4h_pct": 2.28,
          "open_interest_usd": 37265819.94912
        },
        "kind": "open_interest",
        "source": "binanceusdm:openInterestHist:5m",
        "summary": "Binance futures open interest $37.3M: +1.31% vs 1h ago, +2.28% vs 4h ago"
      },
      {
        "id": "E4",
        "data": {
          "rates": [
            {
              "venue": "binanceusdm",
              "symbol": "HBAR/USDT:USDT",
              "funding_rate_pct": 0.003981
            },
            {
              "venue": "bybit",
              "symbol": "HBAR/USDT:USDT",
              "funding_rate_pct": -0.004458999999999999
            },
            {
              "venue": "okx",
              "symbol": "HBAR/USDT:USDT",
              "funding_rate_pct": -0.0007045993739500001
            }
          ]
        },
        "kind": "funding",
        "source": "ccxt:fetchFundingRates",
        "summary": "Funding per 8h: binanceusdm 0.0040%, bybit -0.0045%, okx -0.0007% (positive = longs pay; ~0.01% is normal)"
      },
      {
        "id": "E5",
        "data": {
          "as_of": "2026-10-17T23:35:00.000Z",
          "taker_buy_sell": null,
          "global_long_short": 1.1213,
          "top_account_long_short": null,
          "top_position_long_short": 3.1657
        },
        "kind": "positioning",
        "source": "binanceusdm:futuresSentiment:5m",
        "summary": "Binance positioning: all accounts long/short 1.12, top traders by position 3.17, taker buy/sell undefined (>1 = net buying)"
      },
      {
        "id": "E6",
        "data": {
          "count": 5,
          "longs_usd": 12728.271,
          "total_usd": 12728.271,
          "shorts_usd": 0,
          "largest_usd": 10587.724400000001
        },
        "kind": "liquidations",
        "source": "okx+binance:liquidations",
        "summary": "5 forced liquidations worth $12.7K in the window: $12.7K longs, $0 shorts; largest $10.6K"
      },
      {
        "id": "E7",
        "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": "E8",
        "data": {
          "trending": false,
          "categories": [
            "Smart Contract Platform",
            "Layer 1 (L1)",
            "Hedera Ecosystem",
            "GMCI Layer 1 Index",
            "GMCI 30 Index",
            "GMCI Index",
            "Outlier Ventures Portfolio",
            "Made in USA",
            "Directed Acyclic Graph (DAG)"
          ],
          "btc_change_24h_pct": -0.43594,
          "btc_window_return_pct": -0.43,
          "eth_window_return_pct": -1.06,
          "global_market_cap_change_24h_pct": -3.447097985473352
        },
        "kind": "market_context",
        "source": "coingecko:/coins/markets+/global",
        "summary": "Market: BTC -0.43% and ETH -1.06% over the same window; total crypto market cap -3.45% in 24h; categories: Smart Contract Platform, Layer 1 (L1), Hedera Ecosystem, GMCI Layer 1 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": "2026-10-17T00:00:30.066Z",
          "forks": null,
          "stars": null,
          "commits_4w": null,
          "prs_merged": null,
          "sentiment_up_pct": 78.95,
          "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 79% positive (as of 2026-10-17)"
      },
      {
        "id": "E11",
        "data": {
          "signals": [
            {
              "id": "115800",
              "kind": "price_move",
              "ratio": 4.5,
              "value": -2.494,
              "details": {
                "z_1h": 4.5,
                "price": 0.082769,
                "ret_1h_pct": -2.494,
                "ret_15m_pct": -2.755
              },
              "baseline": 0.563,
              "event_ts": "2026-10-17T21:40:00.000Z",
              "severity": 3,
              "direction": "down"
            },
            {
              "id": "116450",
              "kind": "volume_spike",
              "ratio": 10.18,
              "value": 538803,
              "details": {
                "median_15m_24h": 52939,
                "volume_usd_15m": 538803
              },
              "baseline": 52939,
              "event_ts": "2026-10-17T21:44:59.544Z",
              "severity": 3,
              "direction": "neutral"
            },
            {
              "id": "116529",
              "kind": "volume_spike",
              "ratio": 10.29,
              "value": 544572,
              "details": {
                "median_15m_24h": 52939,
                "volume_usd_15m": 544572
              },
              "baseline": 52939,
              "event_ts": "2026-10-17T21:45:58.974Z",
              "severity": 3,
              "direction": "neutral"
            },
            {
              "id": "116492",
              "kind": "price_move",
              "ratio": 3.91,
              "value": -2.33,
              "details": {
                "z_1h": 3.91,
                "price": 0.083403,
                "ret_1h_pct": -2.33,
                "ret_15m_pct": 0.07
              },
              "baseline": 0.605,
              "event_ts": "2026-10-17T21:58:00.000Z",
              "severity": 2,
              "direction": "down"
            },
            {
              "id": "117257",
              "kind": "price_move",
              "ratio": 3.74,
              "value": -2.253,
              "details": {
                "z_1h": 3.74,
                "price": 0.083531,
                "ret_1h_pct": -2.253,
                "ret_15m_pct": 0.132
              },
              "baseline": 0.611,
              "event_ts": "2026-10-17T22:00:00.000Z",
              "severity": 2,
              "direction": "down"
            }
          ]
        },
        "kind": "signals",
        "source": "coingraph:signals",
        "summary": "Triggered by: price_move (down, high) at 21:40; volume_spike (neutral, high) at 21:44; volume_spike (neutral, high) at 21:45; price_move (down, medium) at 21:58; price_move (down, medium) at 22:00"
      }
    ],
    "symbol": "HBAR",
    "window_to": "2026-10-17T22:04:16.881Z",
    "gathered_at": "2026-10-17T23:36:51.810Z",
    "window_from": "2026-10-17T20:04:16.881Z",
    "coingecko_id": "hedera-hashgraph"
  },
  "model": "claude-opus-5-5"
}