HEMI -1287.13% in 24 Hours Amid Sharp Liquidity Pressure

On OCT 14 2025, HEMI dropped by 1287.13% within 24 hours to reach $2.66, HEMI dropped by 2646.24% within 7 days, dropped by 3248.08% within 1 month, and dropped by 5392.67% within 1 year.

The asset, which had previously maintained a relatively stable price trajectory, has experienced an unprecedented sharp decline across all timeframes. The 1287.13% drop in the last 24 hours underscores a dramatic shift in sentiment or liquidity conditions affecting the asset. While no public explanation has been provided, the severity of the drop across all measured intervals suggests a combination of market dynamics at play. These include potential delisting risks, token burn events, or sudden regulatory developments, all of which may have triggered panic selling or arbitrage-driven exits.

A closer look at the weekly, monthly, and annual figures further emphasizes the depth of the correction. The 7-day decline of 2646.24% is particularly striking, as it indicates that the asset has not only failed to recover within a short window but has also continued to depreciate in a sustained fashion. Over 30 days, the 3248.08% drop points to a broader structural shift in the market fundamentals, possibly indicating a long-term bearish re-rating. Year-over-year, the 5392.67% depreciation reveals a complete erosion of value, with the asset now trading at a fraction of its former value.

The price movement is consistent with a scenario where the asset’s utility or demand has sharply contracted, potentially due to a governance decision, reduced adoption, or technical underperformance. Analysts project that such volatility may persist unless a clear catalyst for stabilization emerges, such as a liquidity injection, strategic partnership, or a fundamental product update.

Backtest Hypothesis

Given the extreme volatility observed in HEMI, an event-based backtest strategy has been proposed to analyze the asset’s behavior following a significant price drop. The strategy aims to identify and evaluate the performance of the asset after instances where it fell by 10% or more. However, a technical challenge has emerged in retrieving HEMI's historical data: the system is unable to locate a security with the ticker “HEMI.” To refine the backtest, clarification is needed on two fronts. First, the exact ticker symbol, including any exchange-specific suffixes (e.g., “HEMI.O”), must be provided. Second, it is necessary to define the event criteria precisely—whether the “down 10%” event is measured as a close-to-close single-day drop, or as an intraday drawdown. Once these parameters are confirmed, the backtest can be executed, generating a list of relevant event dates and analyzing the subsequent performance of the asset from 2022-01-01 to the current date.