Over the past hour, Cardano (ADA) liquidations surged 6,127%, with long positions losing $527,000 as the price crashed to $0.2762, marking a 24-hour decline of 2.88%. Trading volume dropped 25.86% to $581.92 million. The Relative Strength Index (RSI) reached 72.12, indicating overbought market conditions and suggesting a potential bounce. Meanwhile, ADA's market cap fell to $10 billion, dropping out of the top ten and being replaced by Hyperliquid (HYPE) with a market cap of $10.47 billion. Short position liquidations were minimal at just $8,470.

ADA-6,21%
HYPE0,77%
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