Hedera Hashgraph’s HBAR token fell nearly 5% from $0.22 to $0.21 between October 8 and 9 as institutional caution intensified amid continued regulatory uncertainty. Volatility soared to 5.4%, with heavy sales between 1:00 a.m. and 8:00 a.m. on October 9, pushing volumes above 100 million units per hour. Analysts cited strong resistance at $0.22 and institutional support near $0.21 as key technical levels.
The last hour saw accelerating losses, with HBAR slipping another 0.85% to $0.212. A brief attempt to recover to $0.215 quickly failed and trading volume collapsed to zero in the final minutes, signaling either technical issues or a complete institutional pullout.
The selloff reflects broader unease in the market as the U.S. government shutdown halts SEC operations, delaying ETF approvals. Canary Capital’s HBAR ETF and Litecoin deposits remain on hold, while Bitwise has reduced Solana ETF fees and added staking to remain competitive. Until regulatory clarity returns, corporate treasuries should remain cautious about exposure to digital assets.
Business Risk Assessment Metrics
- The token valuation increased from $0.22 to $0.21 during the October 8-9 trading period, representing an institutional pullback of 4.13%.
- The overall trading volatility of $0.012 (5.40%) exceeded normal enterprise risk parameters for digital asset exposure.
- Concentrated institutional selling occurred between 1:00 a.m. and 8:00 a.m. on October 9, indicating coordinated corporate treasury decisions.
- Trading volumes exceeded 100 million units during peak periods, confirming institutional participation
- Significant institutional resistance established at $0.22 price level for corporate entry points
- Institutional support has materialized near $0.21, creating defined risk parameters for corporate cash management.
- The last hour of trading demonstrated a further decline of 0.85%, extending the companies’ losses
- Intraday volatility of $0.0027 (1.26%) during the 60-minute period exceeded the company’s risk tolerance thresholds.
- The recovery attempt peaked at $0.215 around 1:24 p.m. before encountering institutional profit-taking.
- Session low near $0.212 during 2:00 p.m. time frame confirmed by high volume institutional validation
- A complete withdrawal of market liquidity in the last three minutes (2:10 p.m.-2:12 p.m.) suggests a coordinated institutional exit
- Critical corporate resistance level established at $0.215 with immediate institutional support at $0.212
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