--- title: "Why did PEARL drop 2.78% in 1 minute? Evidence check: Pearl falls sharply in one-minute move on Gate · 2026-10-25" description: "PEARL -2.78% in 1 minute on Gate · USDT, Oct 25 UTC: no news found. Pearl fell in a one-minute window on Gate's PEARL/USDT market while none of the other tracked coins moved in the same direction, an isolated move. Perpetual swap readings around the alert are not available, and no report in the…" language: en canonical: "https://whycoinmoves.com/en/events/pearl-2-move-1792922400" published: 2026-10-25T10:00:59.000Z updated: 2026-10-25T11:01:17.000Z indexable: true --- # Why did PEARL drop 2.78% in 1 minute? Evidence check: Pearl falls sharply in one-minute move on Gate · 2026-10-25 PEARL -2.78% in 1 minute on Gate · USDT, Oct 25 UTC: no news found. Pearl fell in a one-minute window on Gate's PEARL/USDT market while none of the other tracked coins moved in the same direction, an isolated move. Perpetual swap readings around the alert are not available, and no report in the… Nearby report sources (context, not confirmed causes): No matching source available ## Key facts PEARL changed -2.78% in 1 minute (25/10/2026, 09:59 to 25/10/2026, 10:00, UTC; Gate · USDT). The cause remains unresolved. After site detection, observed returns were 5 minutes: +0.05% (difference from BTC +0.05 pp; 25/10/2026, 10:01 → 25/10/2026, 10:07, UTC; Gate · USDT); 1 hour: +0.03% (difference from BTC -0.01 pp; 25/10/2026, 10:01 → 25/10/2026, 11:01, UTC; Gate · USDT). Unlisted windows are unavailable. ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +0.05% | +0.00% | +0.05 pp | 25/10/2026, 10:01 → 25/10/2026, 10:07 | Gate · USDT | | 1 hour | +0.03% | +0.04% | -0.01 pp | 25/10/2026, 10:01 → 25/10/2026, 11:01 | Gate · USDT | | 24 hours | — | — | — | — | — | ## Detected price interval | Metric | Value | | --- | --- | | Window | 1 min | | Sampled prices | 1.8286 → 1.7777 | | Return / BTC difference | -2.78% / -2.79 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 / 25/10/2026, 10:00 | ## Claims and open questions - An exchange listing or notice, a Pearl project announcement, on-chain flows or broader market news that would explain the drop has not surfaced. ## Source evidence ## Recent PEARL events and market reactions - [Why did PEARL drop 2.03% in 1 minute? Evidence check: Pearl falls sharply in a one-minute move · 2026-10-25]() — Received 25/10/2026, 11:48 (UTC) · Cause unresolved · Market watch · 5m -0.46% / 1h -1.22% - [Why did PEARL go up 2.41% in 1 minute? Evidence check: Pearl rises sharply in one-minute move while other tracked coins stay flat · 2026-10-25]() — Received 25/10/2026, 04:36 (UTC) · Cause unresolved · Market watch · 5m +2.49% / 1h +0.01% - [Why did PEARL drop 2.17% in 1 minute? Evidence check: Pearl falls sharply in a one-minute move · 2026-10-25]() — Received 25/10/2026, 00:10 (UTC) · Cause unresolved · Market watch · 5m +0.01% / 1h -0.11% - [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 · 2026-10-24]() — Received 24/10/2026, 18:12 (UTC) · Cause unresolved · Market watch · 5m -0.51% / 1h +1.05% - [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.