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Cardano (ADA) drops 3.46% in one hour, hitting $0.2458 amid $200K liquidations

Market News
30 Sep 2026
Tokenpost
View Source
Bearish
Cardano (ADA) drops 3.46% in one hour, hitting $0.2458 amid $200K liquidations

Cardano (ADA) experienced a sharp decline of 3.46% within one hour on September 30, falling from $0.2546 to $0.2458. This drop extended its downward trend in the spot market, with a 2.11% decrease over the previous 24 hours. During the same hour, liquidations totaling $200,000 occurred across major exchanges Binance, Bybit, and OKX, with $140,000 from long positions and $60,000 from short positions. ADA remains the 17th largest cryptocurrency by market capitalization, valued at approximately $9.4 billion. This volatility highlights ongoing market pressures and could influence investor sentiment moving forward.

Cardano's ADA trades at Rp4,371 on Pluang, down 3.28% as of Sep 30, 2026 21:41 WIB. The market cap stands at Rp165.35 trillion with a 24-hour volume of Rp9.29 trillion. Pluang users show 61% buy activity and hold ADA for an average of 126 days, indicating steady interest despite recent volatility.

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