Provyan
Home / Neo / Whale footprint: large trades, sellers in control

Neo · NEO/USDT · daily

What happens to Neo after large-trade selling?

Since 2017, Neo has shown large-trade selling 47 times. In the 47 cases old enough to score, the price was higher 7 days later 45% of the time, with a median move of −0.3%. On an ordinary day the median 7-day move for NEO is −0.6%.

Weak evidence46

There is a gap, but once you allow for how many studies were run, a gap this large is luck about 98% of the time, so it should not be relied on.

Cases since 201747last on 7 Jul 2026
Higher after 7 days45%ordinary: 48%
Median 7-day move−0.3%ordinary: −0.6%
Could be luck98%allowing for 3,572 studies
Worst / best case−20% / +79%over 7 days
Median path after the signalMiddle half of casesOrdinary NEO drift
−10%0%+10%+20% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 47 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day4755%+0.4%−2.6% to +3.0%+0.1%+0.3%83%22
3 days4747%−0.3%−4.9% to +4.9%−0.2%−0.1%98%20
7 days4745%−0.3%−5.5% to +7.9%−0.6%+0.3%98%46
14 days4749%−0.1%−10.3% to +13.2%−1.7%+1.6%92%47
30 days4743%−4.4%−13.2% to +23.3%−4.1%−0.3%99%20

“Ordinary median” is the median move of NEO over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 87%).

Holding it for 7 days

Typical dip on the way−9.4%ordinary NEO: −7.8%
1 case in 4 dipped past−13.9%before day 7
Fell 10% or more on the way49%ordinary: 40%
Typical best point+9.5%highest price within 7 days
Median after costs−0.6%ordinary: −0.9%
Ahead after costs45%ordinary: 47%

Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.

Did it hold up over time?

Splitting the cases by date: in the earlier 28 the gap over 7 days was +0.1%, and in the later 19 it was +0.6%. Same direction both times.

Every occurrence

One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.

DateClose+1d+7d+30d
7 Jul 2026$1.93−1.2%+2.6%−4.4%
1 Mar 2026$2.58+3.4%−6.3%+4.6%
21 Feb 2026$2.76−2.6%−1.0%−1.8%
13 Apr 2025$5.25−1.0%+6.1%+40.6%
4 Apr 2025$4.84−1.7%+13.6%+15.7%
19 Mar 2025$8.55−3.6%−9.9%−35.3%
3 Feb 2025$11.65−5.0%−5.1%−21.3%
24 Jan 2025$13.75+1.6%+4.3%−22.9%
16 Jan 2025$16.13+5.0%−12.3%−31.9%
9 Jan 2025$14.91+1.5%+8.2%−27.6%
4 Dec 2024$22.03−4.3%−17.4%−26.7%
22 Nov 2024$13.85+4.0%+13.4%+0.9%

The 12 most recent. All 47 are in the open data file.

The rule

Average trade size in the top 5% of the previous 180 days, with the share of volume from market buys below 50%. When the average trade gets unusually large, bigger players are active. Here they are active while market sells outweigh market buys.

Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.

The same signal on other coins

CoinCasesHigher after 7dMedianGapVerdict
Conflux3135%−8.7%−7.1%Some evidence · leans down
Polkadot3566%+3.6%+4.6%Weak evidence
Hedera4330%−4.7%−3.5%Weak evidence
Horizen4436%−4.4%−3.8%Weak evidence
Algorand3931%−4.3%−3.3%Weak evidence
The Sandbox4137%−4.2%−2.9%Weak evidence
Theta Network5054%+2.8%+3.4%Weak evidence
Ethereum8238%−1.7%−2.0%Weak evidence

Whale footprint: large trades, sellers in control across all 94 coins

Other Neo signals

Full Neo record

Want to know the moment this fires again?

New signals are sealed in the public ledger at the daily close. Members see them immediately; everyone else sees them a day later.

See today's signals
62 signals sealed at the last closeSee them