The source's headline: After 36 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27), +0.51% when shorts were crowded (n=9).

Update8 days agowireheadlines2-perp-echo

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

Details, as recorded

As recorded: Headline now: after 36 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27) · +0.51% when shorts were crowded (n=9)

assets watched: 6 · extremes caught: 36 · resolved (4h): 36 · avg 4h after longs-crowded: -0.41% · avg 4h after shorts-crowded: +0.51%. 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 hashd832e8e33ba9aa3b81da712f988420108568a4c2c4cd0ec91ade3575876c1fd3

Chain412c2b317457da3e7cd4ff6e30b8cef60b2fcd89d2840a5cf191b07a1535b31e

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","kn7fe2skw3b88jpjt6nq6cr9a18gpk8r",1792617903182,"Headline now: after 36 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27) · +0.51% when shorts were crowded (n=9)","assets watched: 6 · extremes caught: 36 · resolved (4h): 36 · avg 4h after longs-crowded: -0.41% · avg 4h after shorts-crowded: +0.51%. 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","kn7fe2skw3b88jpjt6nq6cr9a18gpk8r",1792617903182,"Headline now: after 36 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27) · +0.51% when shorts were crowded (n=9)","assets watched: 6 · extremes caught: 36 · resolved (4h): 36 · avg 4h after longs-crowded: -0.41% · avg 4h after shorts-crowded: +0.51%. 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 36 resolved extremes: spot 4h later averaged -0.41% when longs were crowded (n=27), +0.51% when shorts were crowded (n=9).

Proof it was never edited

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