
Hedera Hashgraph’s HBAR token fell roughly 4% between August 31 and September 1 as institutional investors reduced exposure, pushing trading volumes to over 110 million tokens during overnight sessions.
Price activity centered around $0.22, with intraday swings reaching highs of $0.23 and lows of $0.22. Most of the selling occurred after hours, suggesting coordinated divestment. Market makers tried to stabilize the token in the $0.21–$0.22 range, but resistance above $0.22 limited any recovery.
Despite the downturn, Hedera maintains its focus on enterprise adoption. Daily trading volume dropped 46% to $172.85 million, while market capitalization remained near $9.5 billion.
Selling pressure accelerated in the final hour of trading on September 1, with HBAR briefly breaching multiple support levels. About 3.5 million tokens changed hands in a single minute as the price dipped below $0.22, closing near session lows. With institutional flows leaning negative, analysts suggest further corporate repositioning may continue in the near term.
Key Market Takeaways
- Session volatility ranged about 5%, from $0.22 to $0.23.
- Overnight volumes above 110 million tokens point to significant institutional activity.
- Support emerged at $0.21–$0.22, though recovery attempts failed.
- Resistance formed near $0.22–$0.23, capping upward moves.
- Repeated support breaches highlight ongoing seller dominance.
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