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Polkadot Falls 5.76% in One Hour to $1.05 as Longs Lose $750,000

DOT was trading at $1.05 on Binance at 11:28 a.m. ET on Oct. 8, down 4.38% over 24 hours.

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Polkadot-inspired coin resting on a sharply tilted metal scale / TokenPost.ai
Polkadot-inspired coin resting on a sharply tilted metal scale / TokenPost.ai

Polkadot (DOT) fell from $1.11 to $1.05 in the hour ending at 11:28 a.m. ET (15:28 UTC) on Oct. 8, marking a 5.76% decline in TokenPost’s exchange-price calculation.

The reading was based on Binance’s spot DOT/USDT market. DOT was down 4.38% from its price 24 hours earlier.

Long DOT liquidations totaled $750,000 across Binance, Bybit and OKX during the same hour, while short liquidations reached $160,000. Polkadot’s market capitalization was approximately $1.87146 billion.

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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