price move

Wormhole drops 34%: Are W crypto shorts now overcrowded?

0Importance
closedStatus
1News media
1Pieces
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

WormholeW the event is about this asset
first headline
-1.9% 2 h before
+0.5% 4 h after
$0.0163price at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 14 04:00

Where this sits in the Wormhole series

WhenWhat happenedFigure
25 days ago W at $0.0307 high today it sits -64.5% from there
today W at $0.0102 low today it sits +7.2% from there

From what we have stored, starting 42 days ago.