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Hedera (HBAR) drops 9% in 24 hours amid $40K long liquidations on major exchanges

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Hedera (HBAR) drops 9% in 24 hours amid $40K long liquidations on major exchanges

Hedera (HBAR) experienced a significant price drop of 5.51% within four hours, falling to $0.1128 on September 29, and extending its 24-hour decline to 9.01%. The decline was accompanied by $40,000 in long liquidations across major exchanges Binance, Bybit, and OKX, compared to $10,000 in short liquidations. This sell-off reduced HBAR's market capitalization to approximately $5.13 billion. The price movement highlights increased selling pressure and volatility in the HBAR market, which investors should monitor closely for further developments.

Hedera (HBAR) is trading at Rp2.019 on Pluang, down 11.13% in the last day as of Sep 29, 2026 23:02 WIB, with a market cap of Rp88.96 trillion and 24-hour trading volume of Rp14.02 trillion. This sharp decline on Pluang aligns with the broader sell-off noted in the news, reflecting significant investor activity where 44% of orders are sell orders. The typical hold time on Pluang is 57 days, indicating medium-term investor engagement despite recent volatility.

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