Polkadot (DOT) price drops 4.16% in one hour amid $230K long liquidations

Polkadot (DOT) experienced a sharp price drop of 4.16% within one hour, falling to $1.15 on Binance's DOT/USDT spot pair. This decline coincided with $230,000 worth of long position liquidations across Binance, Bybit, and OKX exchanges. The price had been $1.20 just an hour earlier, and overall DOT was down 2.78% over the past 24 hours. No specific reason for the sudden drop was identified in the available reports, but the liquidation activity suggests significant selling pressure in the market.

Following the sharp price drop of Polkadot highlighted in the news, on Pluang, DOT trades at Rp20.513 as of Oct 03, 2026 02:04 WIB, showing a 3.40% decline over the past day. The market cap stands at Rp35.93 trillion with a 24-hour trading volume of Rp2.74 trillion. Pluang users currently show a slight selling bias with 53% of orders to sell and 47% to buy, while the typical holding period is 121 days.