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Stellar Lumens Drops 3.05% in One Hour to $0.2226

XLM remained 3.06% higher over 24 hours, while one-hour long liquidations reached $50,000 across three exchanges.

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Blue-silver cryptocurrency token resting on a glass counter / TokenPost.ai
Blue-silver cryptocurrency token resting on a glass counter / TokenPost.ai

Stellar Lumens (XLM) fell 3.05% in one hour to $0.2226 as of 9:52 a.m. ET (13:52 UTC) Sept. 28, marking a sharp short-term decline for the 20th-ranked crypto asset by market capitalization.

The price was measured on Binance’s spot XLM/USDT market through TokenPost’s direct collection of exchange data. XLM stood at $0.2296 one hour earlier, putting the one-hour change at -3.05% without rounding the measured figures.

Despite the hourly drop, XLM remained 3.06% above its level 24 hours earlier. Its market capitalization was about $7,958,850,000.

Long-position liquidations totaled $50,000 over the same hour across Binance, Bybit and OKX, while short-position liquidations totaled $0. No confirmed cause for the decline was provided.

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