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Polkadot price drops nearly 10% amid mixed signals of demand and leverage shifts

Technical Signals
12 Sep 2026
AMBCrypto
View Source
Neutral
Polkadot price drops nearly 10% amid mixed signals of demand and leverage shifts

Polkadot (DOT) saw a 9.85% price drop after a strong 35% gain over the past week, raising questions about whether demand is falling or if the market is just clearing leveraged positions. Despite the price decline, funding rates shifted from negative to positive, indicating a move toward more long positions, while spot market outflows suggest tokens are leaving exchanges. However, significant long liquidations and a key support level near $1.01 pose downside risks. The next price move will depend on whether DOT can avoid further liquidation and capitalize on improved positioning signals for a rebound.

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