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Case Study18 February 2026

SOL −9.9% in 4 Hours. The Distribution Fingerprint Built Over 110 Minutes.

SOL options showed a textbook distribution fingerprint: persistent put accumulation across multiple cohorts before the spot break.

Disclaimer

This case study describes a past event reconstructed from historical production data. It is for information only. It is not financial or investment advice, not a recommendation, and not a solicitation to trade. Crypto derivatives are highly volatile and you can lose all of your capital. Past signals do not predict future results.

2026-02-18 14:20 UTCsignal timestamp

−9.9%

Spot return, 4h

110 min

ORIA lead time

$142

Spot at signal

$128

Spot 4h later

The Timeline

T -110 min2026-02-18 12:30 UTCquality 64

ORIA Smart Money Distribution: Tier 2

Smart money distribution pattern building across ATM cohorts.

T -60 min2026-02-18 13:20 UTCquality 77

ORIA Whale Put Sweep: Tier 1

Large put sweep detected. Unusual execution pattern, buyer paying up.

T + 02026-02-18 14:20 UTC

SOL breaks support: spot move begins

Spot at signal: $142.

T + 240 min

SOL at $128: −9.9% from signal

SOL fell 9.9% in the 4 hours after the signal fired. Signal quality at entry: 76/100.

Build this yourself

Reproducing what you see on this page from scratch means building four separate systems. Here is a realistic estimate for a senior quant engineer:

Options data pipeline3–6 months
Deribit WebSocket + normalization
37 Greeks engine2–3 months
Full surface, per-strike, real-time
ORIA cohort system6–12 months
Activity fingerprinting + scoring
Signal validation layer3–6 months
Backtesting + outcome tracking

Estimated in-house build cost

14–25 months of engineering time

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Get access

Every distribution fingerprint on this page is available via API.

SOL distribution fingerprints, cohort-level put accumulation, real-time quality scoring. Built from the same signals shown here.

Historical data shown for illustration only. Not financial or investment advice, and not a solicitation to trade. Crypto assets carry high risk, including the total loss of capital. Past performance does not indicate future results.