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

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39004
Published: 2026-10-23T13:31:46.000Z
Updated: 2026-10-23T13:31:46.000Z
Section: Investing

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

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.