Hedera Hashgraph’s HBAR token fell about 4% between August 31 and September 1 as institutional investors scaled back positions. Overnight trading volumes surged past 110 million tokens, highlighting increased institutional activity.
Price largely traded around $0.22, with intraday highs of $0.23 and lows of $0.22. The heaviest selling came after hours, suggesting coordinated divestment. Market makers attempted to stabilize the token between $0.21–$0.22, but resistance above $0.22 limited a meaningful recovery.
Despite the decline, Hedera continues its enterprise adoption initiatives. Daily trading volume dropped 46% to $172.85 million, while market capitalization stayed near $9.5 billion.
Selling intensified in the final hour of September 1, with roughly 3.5 million tokens changing hands in a single minute as HBAR breached multiple support levels, closing near session lows. Analysts caution that ongoing institutional outflows may continue to pressure the market.
Market Structure Highlights
- Intraday price ranged between $0.22 and $0.23, reflecting roughly 5% volatility.
- Overnight trading volumes above 110 million tokens signal significant institutional activity.
- Support emerged at $0.21–$0.22, but recovery attempts failed to gain traction.
- Resistance formed near $0.22–$0.23, repeatedly capping upward movement.
- Multiple breaches of support levels indicate continued seller dominance.
