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Cardano (ADA) jumps nearly 5% in an hour amid $580K short liquidations on major exchanges

Market News
04 Oct 2026
Tokenpost
View Source
Bullish
Cardano (ADA) jumps nearly 5% in an hour amid $580K short liquidations on major exchanges

Cardano (ADA) surged 4.80% within one hour to $0.2644 on October 5, with a 7.79% gain over 24 hours. This price jump coincided with $580,000 in short liquidations on Binance, Bybit, and OKX, while no long liquidations were recorded. ADA remains the 17th largest cryptocurrency by market capitalization, valued at around $9.5 billion. The sudden price movement and liquidation activity highlight active trading and volatility in ADA's market.

Cardano (ADA) is trading at Rp4,680 on Pluang as of October 5, 2026, 06:01 WIB, showing a 6.92% increase over the past day. The market cap stands at Rp166.09 trillion, indicating strong investor interest. Buy orders dominate with 62% of activity, while typical holders keep ADA for about 126 days on the platform.

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