BTW · Daily move · 2026-10-27
Why did Bitway go up 45.1% on October 27, 2026?
BTW's move can't be compared with Bitcoin's yet; the figures below describe the move, not its cause. This is BTW's largest 24-hour rise in 29 days. No BTW report was collected from the day before to the day after; the cause is unresolved.
No verified project news explains the rise. Derivatives positioning and thinner spot trading may have amplified it, but neither identifies what started it.
May have added to the movePossible
Open interest in BTW contracts rose sharply over the measured 24 hours, while settled funding shifted from slightly negative at Oct 27, 02:00 UTC to positive at Oct 28, 00:00 UTC. This may indicate growing leveraged participation that amplified the rise; buyer-initiated volume was only marginally above half.
What is not shown
Open interest is measured in coins and does not reveal whether positions were long or short. Funding and taker activity do not establish who bought or what initiated the move.
Weaker possibilities: Spot quote volume was lower than in the preceding 24 hours, and the observed sell-side depth was smaller than buy-side depth. (gateio.ws: hourly volume, Gate spot: order book)
What is still unknown
What triggered the move, and whether derivatives activity materially drove it, remain unknown.
Looked at the 24 hours to Oct 28, 2026, 01:44 UTC
- Day open / close
- $1.20 → $1.7524 hourly candles, Gate · USDT
- Day range
- $1.14 – $1.8460.4% from low to high
- Versus the past month
- Its largest 24h rise in 29 days+45.07% in the 24 hours to Oct 28, 2026, 00:00 UTC, 6.0× a typical day (7.5%).
- 30-day range
- 37.6% below the high · 113.5% above the lowFrom hourly highs and lows on the same venue
- 24h volume
- 0.4×of its prior 30-day daily average
- Where it traded
- Gate 37% · Bitget 24% · Uniswap V3 (BSC) 22%includes on-chain pools
- Perpetual swap
- funding positive · open interest risingOKX perpetual swap BTW-USDT-SWAP
Computed from Gate · USDT hourly candles for the 24 hours to Oct 28, 2026, 00:00 UTC. Methods →
BTW timeline around October 27, 2026
Largest closed hourly move: +8.83%, Oct 27, 2026, 21:00–22:00 (UTC).
3 sharp price swings were flagged; the largest was +4.73% in 5 minutes at Oct 27, 2026, 18:17 UTC.