Share this article
HBAR Experiences Sharp Decline Amid High Volume Selling Pressure
HBAR plunged 6% in under a day as heavy institutional selling drove volumes to nearly triple the daily average.
Sep 22, 2025, 4:40 p.m.
Make us preferred on Google
What to know:
- HBAR dropped from $0.24 to $0.22 between Sept. 21–22, marking a 6% decline amid surging volatility.
- Trading volume peaked at 137 million overnight on Sept. 22, almost three times the 24-hour baseline.
- Bears reinforced resistance around $0.24, but bulls regained momentum with a 1% rally in the final hour.
- A breakout above $0.22 signaled renewed buying interest, though volumes collapsed to zero at the close, hinting at a temporary pause.
HBAR experienced a sharp downturn over a 23-hour trading window between September 21 and 22, as the token tumbled from $0.24 to $0.22. The 6.29% decline was accompanied by a dramatic expansion in volatility, with trading ranges reaching 9.7%—well above monthly averages. Market pressure intensified as institutional sellers drove prices lower, establishing firm resistance around the $0.235–$0.24 zone and triggering a wave of liquidations.
The most pronounced selling pressure arrived at midnight on September 22, when volumes surged to 137.11 million, nearly triple the daily baseline. This spike marked the peak of the selloff as market sentiment soured across crypto assets, amplifying HBAR’s decline. At the trough, the token hovered around $0.22, signaling potential capitulation among short-term holders.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Yet, the session ended with a notable rebound. In the final hour of trading, bulls regained momentum, pushing HBAR from $0.2197 to $0.2222. A breakout above the $0.22 threshold was fueled by an exceptional 6.21 million in volume within minutes, sparking a short-lived rally toward session highs near $0.2225. The recovery underscored the token’s liquidity-driven dynamics, though volumes collapsed to zero in the final three minutes, suggesting a temporary equilibrium.
HBAR’s volatile session highlights the crypto market’s heightened sensitivity to institutional flows and sentiment-driven reversals. The combination of sharp declines, outsized volume spikes, and a late-stage rebound illustrates the rapid shifts in liquidity that define digital asset markets—underscoring how quickly bearish pressure can give way to opportunistic buying.
Key Technical Indicators
- Price tumbles 6% from $0.24 to $0.22 over 23-hour period from 21 September 15:00 to 22 September 14:00.
- Volume explodes to 137.11 million at 22 September 00:00—nearly triple daily average baseline.
- Bears establish strong resistance at $0.24 level where price reverses sharply on heavy selling.
- Bulls mount 1% recovery rally in final 60 minutes from 22 September 13:09 to 14:08.
- Breakout above $0.22 resistance occurs at 13:54 on exceptional 6.21 million volume surge.
- Zero trading volume in final three minutes signals temporary market pause after volatile session.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Bitcoin hash rate slides during U.S. winter storm while markets shrug off mining disruption
The temporary loss of mining power underscores academic concerns that geographic and pool concentration can magnify infrastructure failures, though markets showed little immediate reaction.
What to know:
- Bitcoin’s hashrate fell about 10 percent during a U.S. winter storm, underscoring how local power disruptions can strain the network’s capacity to process transactions.
- Researchers have shown that concentrated mining, as seen in a 2021 regional outage in China, can lead to slower block times, higher fees and broader market disruptions.
- With a few large pools now controlling most of Bitcoin’s hashrate, the network is increasingly vulnerable to localized infrastructure failures, even as the price of BTC remains largely unaffected in the short term.
Top Stories
