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Cardano (ADA) drops 3.28% in one hour, extending 24-hour loss to 5.25% amid $80K long liquidations.

Market News
28 Sep 2026
Tokenpost
View Source
Bearish
Cardano (ADA) drops 3.28% in one hour, extending 24-hour loss to 5.25% amid $80K long liquidations.

Cardano (ADA) experienced a sharp decline of 3.28% within one hour, falling to $0.2418 on September 28. This drop extended its 24-hour loss to 5.25%, with ADA trading down from $0.25 just an hour earlier. The token remains the 17th largest by market capitalization, valued at approximately $9.27 billion. During the same hour, long liquidations on major exchanges Binance, Bybit, and OKX totaled $80,000, while no short liquidations were recorded. This movement reflects increased selling pressure and market volatility for ADA in the short term.

Following Cardano's recent sharp drop, ADA continues to face selling pressure on Pluang, where it trades at Rp4.355 as of Sep 29, 2026 08:51 WIB. The token's 1-day change is down 4.83%, with a market cap of Rp159.85 trillion and a 24-hour trading volume of Rp13.07 trillion. Pluang users show a balanced order activity with 45% selling and 55% buying, and the typical hold time is 126 days, indicating steady investor interest despite volatility.

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