LSK · Daily move · 2026-11-02
Why did Lisk drop 11.4% on November 2, 2026?
There is not enough price history yet to tell how much of LSK's move followed Bitcoin; the figures below describe the move, not its cause. LSK fell further than this on 2 of the past 29 days. No LSK report was collected from the day before to the day after; the analysis below weighs older evidence.
The reported shutdown of Lisk Chain and pivot to a new platform may have contributed to the fall. Thin spot trading and long liquidations may have amplified it. The move’s onset is not established.
May have started the movePossible
Reports said Lisk Chain had shut down and the project was pivoting; the first listed report appeared Nov 2, 03:40 UTC. This change in the project’s direction may have weighed on sentiment.
What is not shown
Reports do not show when the news first became known or link it directly to selling; the shutdown also included a planned token burn.
Weaker possibilities: Gate recorded long liquidations during the measured window, including about $1,000 at Nov 2, 02:00 UTC. (Gate USDT perpetual: open interest, taker volume and liquidations)
What is still unknown
Did the shutdown news trigger selling, and how much did thin trading or liquidations add to the move?
Looked at the 24 hours to Nov 3, 2026, 01:19 UTC
- Day open / close
- $0.20296 → $0.1801323 hourly candles, OKX · USDT
- Day range
- $0.17629 – $0.2181323.7% from low to high
- Versus the past month
- 2 of the past 29 days fell further-11.36% in the 24 hours to Nov 3, 2026, 00:00 UTC, 2.8× a typical day (4.0%).
- 30-day range
- 43.5% below the high · 15.6% above the lowFrom hourly highs and lows on the same venue
- Where it traded
- Upbit 41% · Binance 17% · Bithumb 12%
Computed from OKX · USDT hourly candles for the 24 hours to Nov 3, 2026, 00:00 UTC. Methods →
LSK timeline around November 2, 2026
Largest closed hourly move: -3.97%, Nov 2, 2026, 01:00–02:00 (UTC).
How often has this happened before?
Since 2017-12-20, LSK has fallen 10% or more in a UTC day 87 times on Gate · USDT daily closes, counting moves within 7 days of each other once. Seven days later it was higher in 43 of 86 cases, with a median change of +0.45%. This is history, not a forecast.
Latest 10 episodes: 2026-11-01, 2026-10-18, 2026-09-22, 2026-09-14, 2026-02-05, 2025-12-01, 2025-11-20, 2025-11-12, 2025-11-03, 2025-10-10 (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.