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Polkadot (DOT) price drops 7.57% in 24 hours, hitting $1.12 amid $640K long liquidations.

Market News
06 Oct 2026
Tokenpost
View Source
Bearish
Polkadot (DOT) price drops 7.57% in 24 hours, hitting $1.12 amid $640K long liquidations.

Polkadot (DOT) experienced a sharp price decline of 6.18% within one hour, falling to $1.12 as of 10:03 p.m. ET on October 6, extending its 24-hour loss to 7.57%. The drop was recorded on Binance’s DOT/USDT market, where the price was $1.20 just an hour earlier. During this period, long liquidations across major exchanges Binance, Bybit, and OKX totaled $640,000, while no short liquidations were reported. Polkadot’s market capitalization stood at approximately $2.03 billion, ranking it 53rd among cryptocurrencies by market cap. This decline signals increased selling pressure and could impact investor sentiment in the short term.

Polkadot is trading at Rp20,216 on Pluang with a 1-day change of -7.24% as of Oct 07, 2026 09:21 WIB, closely mirroring the sharp decline reported in the news. The platform shows a market cap of Rp36.27 trillion and a 24-hour trading volume of Rp2.4 trillion, with 70% of orders being sell and 30% buy. This trading activity aligns with the increased selling pressure noted in the article, highlighting ongoing investor caution.

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