--- title: "Why did PEARL drop 2.16% in 1 minute? Evidence check: Pearl falls sharply in one-minute move · 2026-10-24" description: "PEARL -2.16% in 1 minute on Gate · USDT, Oct 24 UTC: no news found. Pearl dropped in a sharp one-minute move on Gate's USDT market, while none of the other tracked coins moved in the same direction and none fell further, a reading that points to an isolated move rather than a market-wide one. No…" language: en canonical: "https://whycoinmoves.com/en/events/pearl-2-move-1792865460" published: 2026-10-24T18:12:01.000Z updated: 2026-10-24T19:15:05.000Z indexable: true --- # Why did PEARL drop 2.16% in 1 minute? Evidence check: Pearl falls sharply in one-minute move · 2026-10-24 PEARL -2.16% in 1 minute on Gate · USDT, Oct 24 UTC: no news found. Pearl dropped in a sharp one-minute move on Gate's USDT market, while none of the other tracked coins moved in the same direction and none fell further, a reading that points to an isolated move rather than a market-wide one. No… Nearby report sources (context, not confirmed causes): No matching source available ## Key facts PEARL changed -2.16% in 1 minute (24/10/2026, 18:10 to 24/10/2026, 18:11, UTC; Gate · USDT). The cause remains unresolved. After site detection, observed returns were 5 minutes: -0.51% (difference from BTC -0.50 pp; 24/10/2026, 18:13 → 24/10/2026, 18:18, UTC; Gate · USDT); 1 hour: +1.05% (difference from BTC +0.84 pp; 24/10/2026, 18:13 → 24/10/2026, 19:13, UTC; Gate · USDT). Unlisted windows are unavailable. ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.51% | -0.01% | -0.50 pp | 24/10/2026, 18:13 → 24/10/2026, 18:18 | Gate · USDT | | 1 hour | +1.05% | +0.21% | +0.84 pp | 24/10/2026, 18:13 → 24/10/2026, 19:13 | Gate · USDT | | 24 hours | — | — | — | — | — | ## Detected price interval | Metric | Value | | --- | --- | | Window | 1 min | | Sampled prices | 1.8699 → 1.8296 | | Return / BTC difference | -2.16% / -2.19 pp | | Detection threshold | 2% | | Source | Gate · USDT | [Research: announcement timing and causality]() ## Historical hourly baseline | Metric | Value | | --- | --- | | Ready | false | | Coverage | 0.0% (0/720) | | Median absolute hourly return | — | | 99th percentile of absolute hourly returns | — | | BTC beta | — | | Source / cutoff (UTC) | Gate · USDT / 24/10/2026, 18:11 | ## Claims and open questions - Would an exchange listing or notice, a Pearl project announcement, on-chain flows or broader market news explain the move? ## Source evidence ## Recent PEARL events and market reactions - [Why did PEARL go up 2.04% in 1 minute? Evidence check: Pearl rises sharply in a one-minute move while other tracked coins stay flat · 2026-10-24]() — Received 24/10/2026, 19:58 (UTC) · Cause unresolved · Market watch · 5m 0.00% / 1h -1.01% - [Why did PEARL drop 2.16% in 1 minute? Evidence check: Pearl falls sharply in one-minute move while other tracked coins stay flat · 2026-10-24]() — Received 24/10/2026, 13:33 (UTC) · Cause unresolved · Market watch · 5m -0.03% / 1h -2.88% - [Why did PEARL drop 2.55% in 1 minute? Evidence check: Pearl falls sharply in one-minute move while other tracked coins hold steady · 2026-10-24]() — Received 24/10/2026, 01:40 (UTC) · Cause unresolved · Market watch · 5m 0.00% / 1h -1.94% - [Why did PEARL go up 2.98% in 1 minute? Evidence check: Pearl rises sharply in a one-minute move while other tracked coins stay flat · 2026-10-23]() — Received 23/10/2026, 23:30 (UTC) · Cause unresolved · Market watch · 5m -0.02% / 1h +1.95% - [Why did PEARL drop 3.38% in 1 minute? Evidence check: Pearl falls sharply in a one-minute move while other tracked coins hold steady · 2026-10-23]() — Received 23/10/2026, 22:49 (UTC) · Cause unresolved · Market watch · 5m 0.00% / 1h +1.17% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Do XRP and Solana ETF flows move the price? First-year data]() - [Crypto liquidity and order book depth: a historical data audit]() [Methods and limitations]() Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.