The source's headline: After 6 resolved extremes: spot 4h later averaged -0.51% when longs were crowded (n=2), +0.37% when shorts were crowded (n=4).

Update35 days agowireheadlines2-perp-echo

Stamped 2026-09-24 22:35 UTC. Never edited, never back-dated.

Details, as recorded

As recorded: Headline now: after 6 resolved extremes: spot 4h later averaged -0.51% when longs were crowded (n=2) · +0.37% when shorts were crowded (n=4)

assets watched: 6 · extremes caught: 6 · resolved (4h): 6 · avg 4h after longs-crowded: -0.51% · avg 4h after shorts-crowded: +0.37%. 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 hash8902420cefadf71277573de6d4ca09220ccbe6d826f849bf053c69292734bf22

Chain7497fe213d7b618e875effb5ce66347efa3c2d2ee3e85a26ee361bf27e8a99ec

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","kn7d5zrq0xhxcng51af03k6xsd8f1jte",1790289302535,"Headline now: after 6 resolved extremes: spot 4h later averaged -0.51% when longs were crowded (n=2) · +0.37% when shorts were crowded (n=4)","assets watched: 6 · extremes caught: 6 · resolved (4h): 6 · avg 4h after longs-crowded: -0.51% · avg 4h after shorts-crowded: +0.37%. 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","kn7d5zrq0xhxcng51af03k6xsd8f1jte",1790289302535,"Headline now: after 6 resolved extremes: spot 4h later averaged -0.51% when longs were crowded (n=2) · +0.37% when shorts were crowded (n=4)","assets watched: 6 · extremes caught: 6 · resolved (4h): 6 · avg 4h after longs-crowded: -0.51% · avg 4h after shorts-crowded: +0.37%. 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 6 resolved extremes: spot 4h later averaged -0.51% when longs were crowded (n=2), +0.37% when shorts were crowded (n=4).

Proof it was never edited

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