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Polkadot Drops 4.21% in an Hour to $1.14 on Binance Spot Market

DOT was still up 1.07% over 24 hours; long liquidations across three exchanges reached $50,000 during the same hour.

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A graphite token rests beside a descending stone ledge / TokenPost.ai
A graphite token rests beside a descending stone ledge / TokenPost.ai

Polkadot (DOT) was $1.14 on Binance’s spot DOT/USDT market at 9:25 a.m. ET (13:25 UTC) Friday, down 4.21% over the preceding hour.

DOT/USDT was $1.19 an hour earlier, while DOT was up 1.07% over 24 hours at the observation time.

Liquidations across Binance, Bybit and OKX during the hour totaled $50,000 for long positions and $0 for short positions. Long positions are bets that a token’s price will rise; short positions are bets on a decline. The liquidation figures cover the same one-hour interval as the price comparison.

Polkadot’s market capitalization was about $2.03 billion, and it ranked 53rd by market value. The 24-hour gain contrasts with the hourly drop, so the reported direction changes across the two measured windows.

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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