Hedera HBAR Token: Whales Buy Despite 9% Price Drop

Hedera’s HBAR token experienced a sharp decline of nearly 9% in the past week, dropping another 4% in the last 24 hours. The price fell to $0.24 despite market speculation that BlackRock may file for an HBAR exchange-traded fund (ETF). This potential filing would represent the third major fund tied to HBAR, following existing products from Canary and Grayscale.