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Algorand Drops 12.89% In Four Hours To $0.1203, Longs Liquidated

ALGO fell from $0.1381, while $60,000 in long positions were liquidated during the same hour.

By Enna Lee
Published
Mentioned assets
Unmarked teal token resting beside a sharply tilted brass gauge / TokenPost.ai
Unmarked teal token resting beside a sharply tilted brass gauge / TokenPost.ai

Algorand (ALGO) fell 12.89% in four hours to $0.1203 at 10:03 a.m. ET (14:03 UTC) on Oct. 8.

ALGO declined from $0.1381 to $0.1203 over the four-hour period. The figures come from direct collection of Binance spot ALGO/USDT prices and are reported without rounding.

Long liquidations totaled $60,000 during the same hour across Binance, Bybit and OKX, while short liquidations totaled $0. The liquidation figures were compiled from those three exchanges’ publicly available market data.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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