UNEXPLAINED MOVE · MOVER · WED NOV 4 2026

CIFR down 21.8% on Nov 4 2026 with no filing that explains it

CIFR-21.8%on Wed Nov 4 2026

Cipher Digital Inc. Common Stock was down 21.8% on the day at $6.35, ranked #15 on 5.8× its usual five-minute volume, when TapeRank recorded this unexplained move at 10:46 ET during regular hours. TapeRank recorded 2 events for CIFR that day, between 10:46 and 10:47 ET, and each is in the timeline below.

THE DAY ON THE LIST · 2 EVENTS

  1. 10:46 ET
    UNEXPLAINED MOVE · REGULAR

    $6.35 · ▼ 21.8% ON THE DAY · 5.8× 5M RVOL · RANK #15

    UNEXPLAINEDCONFIDENCE5/5

    Cipher Digital is down 21.7% on heavy volume, including another 4.2% drop in the last five minutes. The only supplied item is a bullish JPMorgan rating reiteration with a lower target, which does not explain the selloff.

    WHYA 21.7% decline and $14.3M five-minute turnover are far larger than the modestly revised bullish analyst target, so order flow is driving the move absent a stated catalyst.
    ANALYZED 10:46 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNA
    THE ROW AND SESSION LEVELS AT 10:46 ET
    LAST6.35
    DAY▼ 21.8%
    5 MIN▼ 4.30%
    5M RVOL5.8×
    5M $VOL$14.7M
    FLOAT*415.0M
    RANK#15
    SESSIONREGULAR
    VWAP6.89
    HOD7.80
    LOD6.38
    OR HIGH7.22
    OR LOW6.90
    PREV CLOSE8.12
    PM HIGH7.80
    PM LOW6.51
    GAP▼ 13.92%

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

  2. 10:47 ET
    MOVER · REGULAR

    $6.38 · ▼ 21.4% ON THE DAY · 7.9× 5M RVOL · RANK #10

    The same verdict as at 10:46 ET.

    THE ROW AND SESSION LEVELS AT 10:47 ET
    LAST6.38
    DAY▼ 21.4%
    5 MIN▼ 3.57%
    5M RVOL7.9×
    5M $VOL$19.8M
    FLOAT*415.0M
    RANK#10
    SESSIONREGULAR
    VWAP6.88
    HOD7.80
    LOD6.33
    OR HIGH7.22
    OR LOW6.90
    PREV CLOSE8.12
    PM HIGH7.80
    PM LOW6.51
    GAP▼ 13.92%

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

THE SESSION

  • 09:30 ETOpened at $6.99, -13.9% on the previous close of $8.12
  • 09:41 ETRegular-session high, $7.34
  • 11:39 ETRegular-session low, $6.18
  • 15:59 ETLast trade of the regular session, $6.50, -19.9% on the previous close of $8.12
  • Volume: 87.5M shares in regular hours, 11.0M before the open

CIFR opened at $6.99, below the previous close of $8.12, and briefly rose to $7.34 before falling to a session low of $6.18 at 11:39 ET. TapeRank recorded the decline at $6.35 and identified the move as unexplained, with no halts during regular trading; the stock later finished at $6.50, down 19.9% from the prior close. TapeRank’s read noted that the supplied news was JPMorgan maintaining an Overweight rating on Cipher Digital while lowering its target to $18, which did not explain the selloff.

WRITTEN WED NOV 4 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

On the tape right now

WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY

01
ECGSURGING 0:05
79.71
▼ 29.3%
▼ 1.41%
41.0×
FAD
$6.2M
51.1M*
STRETCHED
02
CAVASURGING 0:00
64.78
▲ 7.4%
▲ 1.30%
9.3×
ORBHODVWH
$11.6M
116.8M*
UNEXPLAINED
03
URGNSURGING 0:00
29.16
▼ 15.2%
▼ 1.29%
15.6×
FAD
$1.4M
48.9M*
JUSTIFIED
04
MPTISURGING 0:00
64.15
▼ 1.5%
▲ 0.96%
23.8×
VWH
$637K
4.3M*
UNEXPLAINED
05
LSPDSURGING 0:00
11.52
▲ 4.9%
▼ 1.24%
16.5×
ORB
$426K
133.3M*
UNEXPLAINED
06
CRCTSURGING 0:00
8.90
▲ 49.2%
▼ 0.72%
15.1×
GAPORBVWHEXT
$395K
54.7M*
STRETCHED
07
BROSSURGING 0:00
43.97
▲ 0.9%
▼ 0.91%
4.0×
FAD
$4.3M
137.9M*
UNEXPLAINED
08
LMRICOOLING 1:35
12.85
▲ 14.5%
▲ 1.06%
132×
ORBHODVWH
$1.7M
—
UNEXPLAINED
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