1 min read
Add as a preferred source on Google

Polkadot Falls 5.50% in an Hour to $1.08 on Binance Spot

Long liquidations totaled $580,000 across Binance, Bybit and OKX during the same hour; short liquidations were $0.

Mentioned assets
A silver token rests at the foot of a sloping metal track / TokenPost.ai
A silver token rests at the foot of a sloping metal track / TokenPost.ai

Polkadot (DOT) fell 5.50% over the hour ending at 10:32 p.m. ET Wednesday, Oct. 14 (02:32 UTC Thursday, Oct. 15), reaching $1.08 on Binance's spot DOT/USDT market. The same market showed DOT at $1.15 one hour earlier. The price quote and percentage change refer to that one-hour window, with $1.08 marking the value at the snapshot time.

Long liquidations across Binance, Bybit and OKX totaled $580,000 during the same hour, while short liquidations totaled $0. The tally combines the three exchanges, whereas the spot price comes from Binance alone. Because the short-side figure was zero, the entire liquidation value for the interval was on the long side.

Polkadot ranked 50th by market capitalization, at approximately $1.95271 billion. That ranking provides a broader measure of the token's size alongside the one-hour price move. The snapshot combines a Binance spot quote, liquidation totals from three exchanges and the market-cap estimate for Polkadot.

Enna Lee

Reporter

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

Loading…