Hedera HashGraphs Hbar token came under a heavy institutional sales pressure during the 24-hour trade period ending October 10, with prices swung within an unstable 6% area between $ 0.21 and $ 0.22. Despite early resilience that saw Hbar climb against intraday heights near $ 0.22, digital active turned sharply during the final trade time when institutional investors initiated broad-based sales victims that deleted previous gains.
Trade data pointed to unique activity during this sale, with quantities of rolling to 262.49 million – almost six times higher than the session’s average of 47.32 million. Analysts identified at 1 p.m. 15.00 on October 10 as the bending point where the heaviest liquidation took place. The sudden increase in volume and pristing suggested coordinated sales of institutional players, possibly as part of the wider portfolio’s rebalans.
Technically, HBAR broke through several short -term support levels during this last hour, with the price action only stabilized when the trade activity ceased in the final minutes. The sharp fall and the subsequent lull may reflect temporary liquidity restrictions or the closure of trade as institutions moved to limit the exposure before potential regulatory updates.
Technical Analysis for Business Investors
- The main resistance levels formed around $ 0.22- $ 0.22, where institutional purchase interest was repeatedly not realized at higher price levels.
- Business support appeared around $ 0.21- $ 0.21 series before being decisively broken during the last hour of institutional sales wave.
- The most significant institutional liquidation occurred below the window 3: 30-3: 35 pm, where the corporate trade volume was spilled to over 12.80 million and 16.90 million respectively.
- Price action fell from $ 0.21 to a session low of $ 0.21 before business buyers tried a modest recovery to $ 0.21 at. 15.44.
- Institutional trading activity ceased completely in the last four minutes (3: 56-3: 59 pm), which suggested that corporate transactions or temporary liquidity restrictions prior to regulatory developments.
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