HBAR Drops 11.5%: Institutional Withdrawals and Liquidity Challenges Highlight Market Vulnerability

HBAR, which serves as the primary token for the Hedera network,

on November 21, slipping beneath major support zones and setting off a wave of stop-loss triggers as institutional sellers dominated the market. The price declined from $0.1426 to $0.1281, with a substantial sell-off of 250.3 million tokens at 07:00 GMT—almost twice the daily average—speeding up the downward move. This shift marked a clear turn toward bearish sentiment, wiping out the $0.1350 support and .

The recent decline came after a series of earlier losses, such as

when dropped to $0.144, accompanied by a 71% jump in trading activity above the norm, breaking through several support levels near $0.1500. On November 17, just two days prior, the token , with trading volume surging 180% above average during the sharpest decline. These technical failures, along with characterized by lower highs and lower lows, pointed to a weakening market structure.

Liquidity issues intensified on November 21 as HBAR slipped from $0.1317 to $0.1277 during the last hour of trading. Trading volumes spiked to 8.76 million and 11.13 million tokens in quick succession before activity suddenly halted at the session’s low. This abrupt pause raised speculation about possible technical interruptions or aggressive buying by large investors,

if buyers return.

Wider market conditions also contributed to the negative outlook, as

—a threshold last reached in May 2025. The institutional sell-off in HBAR reflected broader challenges faced by digital asset treasury firms, in July to $99 billion by November 21.

Technical indicators underscored the extent of the decline. HBAR is now trading within a downward channel, with support found at $0.1277–$0.1281 and resistance at $0.1400.

could push prices toward $0.1250, while any recovery would immediately face resistance at the previous support of $0.1350. Volume analysis highlighted the dominance of institutional selling, as the 250.3 million-token sell-off represented a 98% increase over the average, .

Even with ongoing network upgrades, such as plans to introduce

(WBTC) to boost DeFi functionality, from these fundamental advancements. Canary Capital’s HBAR ETF (HBR), which launched with $250 million in assets, has experienced mixed results, mirroring the token’s volatile price swings.

Liquidity challenges worsened for the token on November 21, with

and periods of zero trading volume raising concerns about market stability. These structural weaknesses, at major resistance points, emphasized the vulnerability of HBAR’s market framework during times of stress.