# Cardano (ADA) Drops 7.25% in Four Hours to $0.2315

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/28300
Published: 2026-10-08T16:20:23.000Z
Updated: 2026-10-08T16:20:23.000Z
Section: Investing

> ADA was down 10.27% over 24 hours, while long liquidations reached $2.16 million across major exchanges in one hour.

Cardano (ADA) fell 7.25% in four hours to $0.2315 as of 12:18 a.m. ET (04:18 UTC) on Oct. 9, extending its 24-hour decline to 10.27%. The price was measured from Binance’s ADA/USDT spot market.

ADA fell from $0.2496 four hours earlier to $0.2315. Cardano ranked 17th by market capitalization at approximately $8.65263 billion.

Long liquidations across Binance, Bybit and OKX totaled $2.16 million over the same hour, compared with $210,000 in short liquidations.