DYDX Drops 241.67% in 24 Hours Amid Technical Deterioration and Market Liquidation

On SEP 3 2025, DYDX dropped by 241.67% within 24 hours to reach $0.6017, DYDX dropped by 392.19% within 7 days, dropped by 235.16% within 1 month, and dropped by 5928.94% within 1 year.

The token’s performance reflects a sharp and sustained bearish trend that has accelerated in recent trading sessions. Over the last seven days, the price has retreated by more than 392%, with no signs of near-term stabilization. This move comes after prolonged periods of bearish momentum, with the one-month decline exceeding 235%. Annual losses are now over 5928%, indicating deep structural weakness in demand and investor sentiment.

Technical indicators further reinforce the bearish narrative. The Relative Strength Index (RSI) has fallen into oversold territory, yet price action has failed to find support, suggesting exhaustion in short-term buyers. The Moving Average Convergence Divergence (MACD) remains bearishly aligned, with the histogram and signal line moving lower in parallel. Additionally, the 200-day and 50-day moving averages have diverged significantly, highlighting the strength of the downtrend and lack of reversal signals.

The asset’s on-chain metrics have also worsened. Large outflows from major exchanges have been observed, indicating continued profit-taking or forced liquidations. Wallets holding over 10,000 DYDX tokens have seen a sharp reduction in balance values, further signaling distress among large holders. These developments point to a deteriorating market structure with no near-term catalysts to reverse the downward trajectory.