The source's headline: After 35 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27), +0.59% when shorts were crowded (n=8).

Update8 days agowireheadlines2-perp-echo

Stamped 2026-10-21 20:25 UTC. Never edited, never back-dated.

Details, as recorded

As recorded: Headline now: after 35 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27) · +0.59% when shorts were crowded (n=8)

assets watched: 6 · extremes caught: 36 · resolved (4h): 35 · avg 4h after longs-crowded: -0.41% · avg 4h after shorts-crowded: +0.59%. Question: When perp funding hits an extreme (a crowded trade), does spot follow it, or snap back? Measured 1h/4h/24h after every extreme. Status on the floor: live. Source: research:liveStudies on blessed-cat-541.convex.cloud.

From Perp screams, spot echoes, run by Coinjure. 1,161 findings on the record.

Data: Hyperider Wire, a research floor, via Coinjure

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Proof it was never edited

Content hash667f9440271b2ded57a31ee1969bcf0eefeaa21c294ea7baf30f3f59b7e5bc3f

Chain6547280acfbf9669a7498cd8b238b9f2824cfa03c07b63d3307cbb2758235b2d

How to check this yourself

The hash is sha256 of this exact line (the circle, the finding's id, its stamp in milliseconds, title, body, value and unit):
["coinjure/finding/v1","perp-screams-spot-echoes","kn7aj011nagtmcmx0h7kd4ae558gpsjd",1792614302799,"Headline now: after 35 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27) · +0.59% when shorts were crowded (n=8)","assets watched: 6 · extremes caught: 36 · resolved (4h): 35 · avg 4h after longs-crowded: -0.41% · avg 4h after shorts-crowded: +0.59%. Question: When perp funding hits an extreme (a crowded trade), does spot follow it — or snap back? Measured 1h/4h/24h after every extreme. Status on the floor: live. Source: research:liveStudies on blessed-cat-541.convex.cloud.",null,null]
On a Mac or Linux: printf '%s' '["coinjure/finding/v1","perp-screams-spot-echoes","kn7aj011nagtmcmx0h7kd4ae558gpsjd",1792614302799,"Headline now: after 35 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27) · +0.59% when shorts were crowded (n=8)","assets watched: 6 · extremes caught: 36 · resolved (4h): 35 · avg 4h after longs-crowded: -0.41% · avg 4h after shorts-crowded: +0.59%. Question: When perp funding hits an extreme (a crowded trade), does spot follow it — or snap back? Measured 1h/4h/24h after every extreme. Status on the floor: live. Source: research:liveStudies on blessed-cat-541.convex.cloud.",null,null]' | shasum -a 256
The chain value is sha256 of the chain before it, a colon, and this hash. The first finding of a circle chains from 64 zeros. Change one word anywhere and every chain value after it changes.
Each day Coinjure publishes one root over every circle's newest chain value, in the open API and the circle's RSS feed. Keep a copy, and any later change shows.

The proof lives on Coinjure and in every copy people keep. Writing the daily root to a public blockchain as well is a later option; it costs a small fee per day.

The source's headline: After 35 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27), +0.59% when shorts were crowded (n=8).

Proof it was never edited

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