Hedera Hashgraph’s HBAR token fell about 4% between August 31 and September 1 as institutional investors scaled back holdings, with trading volumes spiking above 110 million tokens during overnight sessions.
Price activity centered around $0.22, swinging intraday between $0.23 highs and $0.22 lows. The heaviest selling occurred after hours, suggesting coordinated divestment. Market makers attempted to stabilize HBAR in the $0.21–$0.22 range, but resistance above $0.22 prevented a meaningful rebound.
Despite the decline, Hedera continues to advance its enterprise adoption initiatives. Daily trading volume fell 46% to $172.85 million, while the network’s market capitalization remained around $9.5 billion.
Selling intensified in the final hour of September 1 trading, with roughly 3.5 million tokens changing hands in a single minute as HBAR breached multiple support levels and closed near session lows. With institutional flows leaning negative, analysts indicate further corporate repositioning could continue.
Market Structure Highlights
- Price fluctuated between $0.22 and $0.23, reflecting intraday volatility of about 5%.
- Overnight trading volumes exceeded 110 million tokens, signaling strong institutional participation.
- Support emerged around $0.21–$0.22, though recovery attempts lacked institutional backing.
- Resistance formed near $0.22–$0.23, repeatedly capping gains.
- Multiple support breaches confirm sustained seller control.
