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The Graph · GRT/USDT · daily

What happens to The Graph after large-trade selling?

Since 2020, The Graph has shown large-trade selling 28 times. In the 28 cases old enough to score, the price was higher 7 days later 43% of the time, with a median move of −1.3%. On an ordinary day the median 7-day move for GRT is −1.8%.

No better than chance15

Once you allow for how many studies were run, a gap this large is luck about 97% of the time, so this signal has told you nothing reliable about the following week.

Cases since 202028last on 16 Sep 2026
Higher after 7 days43%ordinary: 44%
Median 7-day move−1.3%ordinary: −1.8%
Could be luck97%allowing for 3,572 studies
Worst / best case−20% / +37%over 7 days
Median path after the signalMiddle half of casesOrdinary GRT drift
−20%−10%0%+10% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 28 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day2843%−0.7%−2.9% to +1.7%−0.3%−0.4%83%41
3 days2843%−0.7%−4.2% to +3.0%−0.7%0.0%99%14
7 days2843%−1.3%−6.3% to +10.8%−1.8%+0.5%97%15
14 days2846%−2.2%−13.0% to +8.6%−4.1%+1.9%93%41
30 days2825%−11.0%−23.6% to −0.4%−8.3%−2.8%93%41

“Ordinary median” is the median move of GRT 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: 85%).

Holding it for 7 days

Typical dip on the way−7.1%ordinary GRT: −9.1%
1 case in 4 dipped past−13.4%before day 7
Fell 10% or more on the way46%ordinary: 45%
Typical best point+6.7%highest price within 7 days
Median after costs−1.6%ordinary: −2.1%
Ahead after costs43%ordinary: 43%

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 16 the gap over 7 days was −1.3%, and in the later 12 it was +3.7%. The direction changed, which is what a pattern produced by chance tends to do.

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
16 Sep 2026$0.01816+4.5%+37.0%+36.5%
1 Apr 2026$0.02433−2.8%−2.1%−0.7%
23 Sep 2025$0.08360+0.2%−3.8%−24.0%
1 Aug 2025$0.09080−2.6%+5.4%−2.6%
21 Jul 2025$0.1145−0.9%−10.0%−19.2%
2 May 2025$0.09820−5.0%+14.3%−2.1%
26 Mar 2025$0.1040+0.4%−20.4%−3.2%
16 Mar 2025$0.09140+5.3%+5.7%−15.2%
24 Jan 2025$0.1831−0.5%−1.6%−25.1%
30 Dec 2024$0.2040−2.1%+21.6%−16.9%
19 Dec 2024$0.2107+3.5%−1.4%+3.7%
30 Nov 2024$0.2895−0.3%+12.6%−29.5%

The 12 most recent. All 28 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 The Graph signals

Full The Graph record

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