AKE's move can't be compared with Bitcoin's yet; the figures below describe the move, not its cause. This is AKE's largest 24-hour fall in 29 days. No AKE report was collected from the day before to the day after; the cause is unresolved.
What may have driven the move
A $62 million token unlock reported Oct 23, 08:00 UTC may have added selling pressure, but its link to this fall is uncertain. The price spiked and then fell back from its 24-hour high; the onset is unknown.
May have started the movePossible
A report said tokens worth $62 million—9% of circulating supply—had unlocked two days earlier. Such a supply increase could add selling pressure, but there is no evidence connecting it to sales during this fall.
funding positive · open interest risingOKX perpetual swap AKE-USDT-SWAP
Computed from Gate · USDT hourly candles for the 24 hours to Oct 31, 2026, 00:00 UTC. Methods →
AKE timeline around October 30, 2026
Largest closed hourly move: -17.66%, Oct 30, 2026, 18:00–19:00 (UTC).
3 sharp price swings were flagged; the largest was -9.62% in 1 hour at Oct 30, 2026, 03:36 UTC.
How often has this happened before?
Since 2025-09-28, AKE has fallen 30% or more in a UTC day 2 times on Gate · USDT daily closes, counting moves within 7 days of each other once.
Episodes: 2026-07-07, 2026-04-16 (UTC)
One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.