# Cardano’s ADA Drops 3.3% in One Hour to $0.2407 as Longs Liquidate

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28221
Published: 2026-10-08T15:19:00.000Z
Updated: 2026-10-08T15:19:00.000Z
Section: Investing

> ADA fell 4.86% over 24 hours, while $850,000 in long positions were liquidated during the same hour.

Cardano’s ADA traded at $0.2407 at 11:18 a.m. ET (15:18 UTC) Oct. 8, down 3.29% from $0.2489 one hour earlier in a sharp move lower for the token.

ADA was down 4.86% from its level 24 hours earlier. The price figures were calculated from TokenPost’s direct collection of publicly available exchange prices, using Binance’s ADA/USDT spot market.

Long liquidations across Binance, Bybit and OKX totaled $850,000 during the same one-hour period. Short liquidations totaled $0.

ADA ranked 17th by market capitalization at about $9.22285 billion.