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Polkadot (DOT) price drops 5.76% to $1.05 amid $750K long liquidations on Oct 8

Market News
08 Oct 2026
Tokenpost
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Bearish
Polkadot (DOT) price drops 5.76% to $1.05 amid $750K long liquidations on Oct 8

Polkadot (DOT) experienced a sharp price decline from $1.11 to $1.05 within an hour on October 8, marking a 5.76% drop based on Binance's DOT/USDT market. This decline also reflects a 4.38% decrease compared to the previous day. During the same period, long position liquidations on DOT totaled $750,000 across major exchanges Binance, Bybit, and OKX, while short liquidations were $160,000. Polkadot's market capitalization stood at approximately $1.87 billion, indicating notable market activity and volatility for investors to watch.

As of Oct 08, 2026 22:52 WIB, Polkadot (DOT) trades at Rp18.616 on Pluang, showing a 1-day change of -5.28%. The market cap stands at Rp33.89 trillion with a 24-hour trading volume of Rp2.74 trillion. Notably, 65% of Pluang users are selling DOT while the typical holding period is 121 days.

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