HBAR Faces Heavy Institutional Selling as Trading Volume Surges Sixfold

Hedera Hashgraph’s native token, HBAR, experienced significant institutional selling pressure over the 24-hour trading period ending October 10, with prices moving within a volatile 6% range between $0.21 and $0.22. Despite showing early strength and briefly climbing near $0.22, the token reversed sharply during the final trading hour as large institutional investors initiated broad selloffs that wiped out earlier gains.

Trading data revealed an extraordinary surge in volume, reaching 262.49 million—almost six times higher than the daily average of 47.32 million. Analysts identified the 3:00 PM window as the key inflection point, marking the start of coordinated institutional liquidations, likely tied to portfolio rebalancing or risk management moves ahead of potential regulatory announcements.

Technically, HBAR broke through several short-term support levels during the final trading hour before stabilizing as market activity slowed. The sharp volume spike and subsequent decline hinted at temporary liquidity constraints or trading desk closures near session end.

Data from TradingView showed that resistance formed near the $0.22 zone, where institutional buying interest repeatedly failed to sustain upward momentum. Support around $0.21 was decisively broken as sell pressure intensified between 3:30 and 3:35 PM, when volume peaked at 12.80 million and 16.90 million, respectively. The price briefly recovered to $0.21 by 3:44 PM, before institutional activity halted entirely in the final minutes—likely signaling end-of-day position adjustments or risk mitigation in anticipation of broader market developments.

HBAR’s intraday volatility underscores the growing influence of institutional participants in crypto markets and highlights how regulatory uncertainty continues to shape short-term liquidity dynamics across digital assets.