Cipher Digital Inc. drawdown: 69.6% below the all-time high (price)
Cipher Digital Inc. is 69.6% below its all-time high, set Jun 18, 2026 (as of market close, Oct 20, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −69.6%
- 30.4% of ATH
- All-time high
- $29.18
- Jun 18, 2026
- Time below the high
- 4 mo
- since Jun 18, 2026
- Worst-ever drawdown
- −97.2%
- Dec 28, 2022
- Longest underwater
- 4.0 yrs
- between all-time highs
- Today's level first reached
- Oct 20, 2020
- 6.0 yrs ago
- Last time this deep
- Jun 27, 2025
- in a previous episode
% of all-time high since 2020: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Sep 16, 2021 | Dec 28, 2022 | −97.2% | 15 mo | Oct 3, 2025 | 4.0 yrs |
| Jun 18, 2026 | Oct 20, 2026 | −69.6% | 4 mo | not yet | 4 mo+ |
| Nov 5, 2025 | Mar 30, 2026 | −51.4% | 5 mo | May 27, 2026 | 7 mo |
| Oct 15, 2025 | Oct 22, 2025 | −23.4% | 7 days | Nov 3, 2025 | 19 days |
| Mar 11, 2021 | Aug 20, 2021 | −21.5% | 5 mo | Sep 9, 2021 | 6 mo |
| Jun 2, 2026 | Jun 10, 2026 | −20.0% | 8 days | Jun 17, 2026 | 15 days |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2020: how far Cipher Digital Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Cipher Digital Inc. from its all-time high?
- Cipher Digital Inc. is currently 69.6% below its all-time high, set Jun 18, 2026 (as of market close, Oct 20, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Cipher Digital Inc. drawdown ever?
- The deepest decline on record in our data (since 2020) took Cipher Digital Inc. 97.2% below its prior high, bottoming Dec 28, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from CIFR; no free deep history exists for Cipher Digital Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.