Polkadot Drops 6.18 Percent in One Hour Amid $640,000 in Long Liquidations

Polkadot (DOT) experienced a sharp decline on October 6, 2026, losing 6.18% of its value in just one hour. The price dropped from $1.20 to $1.12 as of 10:03 p.m. ET, further extending its 24-hour loss to 7.57%. The data was collected from Binance’s DOT/USDT market.

At the time of the report, Polkadot’s market capitalization stood at approximately $2.02894 billion, ranking it 53rd among cryptocurrencies by market cap.

During the same one-hour period, long liquidations across Binance, Bybit, and OKX reached $640,000, while short liquidations totaled $0.