--- title: "Why did Irys drop 47.2% on October 24, 2026?" language: en canonical: "https://whycoinmoves.com/en/coins/irys/2026-10-24" date: 2026-10-24 --- # Why did Irys drop 47.2% on October 24, 2026? On October 24, 2026 (UTC), IRYS went from about $0.07646 to $0.04041 (-47.17%) on OKX · USDT, trading between $0.04028 and $0.12825. For the closed-hour 24h window: IRYS's move differs substantially from its BTC-based estimate; the cause is unresolved. This is IRYS's largest 24-hour fall in 29 days. Irys fell, a move that differs substantially from its BTC-based estimate and is far larger than its usual day. Few other tracked coins moved the same way. No recent report about the coin explains it, so the cause is unresolved. - Day open / close: $0.07646 → $0.04041 (24 hourly candles, OKX · USDT) - Day range: $0.04028 – $0.12825 - Versus Bitcoin: -47.17% / BTC -0.38%; -46.5 pts left after BTC × its hourly beta 1.74 - Versus the past month: Its largest 24h fall in 29 days; Closed-hour 24h move -47.17%, 21.4× its prior 30-day median of 2.2%. - 30-day range: 87.4% below the high · 244.5% above the low; From hourly highs and lows on the same venue - Other tracked coins: 0 of 20 moved the same way - 24h volume: 11.5×; of its prior 30-day daily average Computed from OKX · USDT hourly candles for the 24 hours to 25/10/2026, 00:00 UTC. ## Still open - What drove the move: an official statement, filing or exchange notice from the project or venues would settle it. - Whether large holders or project-linked wallets moved coins: on-chain data would settle it. Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. ## Same-day movers · 2026-10-24 (UTC) - [Quantus (QTC) -13.56%]() - [Sui (SUI) -2.28%]() - [Ondo (ONDO) -2.17%]() - [Zcash (ZEC) +2.13%]() - [Pi Network (PI) -1.87%]() [IRYS price and news]() [Methods and limitations]()