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By CD Analytics, Oliver Knight
Updated Aug 18, 2025, 4:31 p.m. Published Aug 18, 2025, 4:31 p.m.
- XLM slid 6% from $0.43 to $0.41 between Aug. 17–18 amid heavy institutional selling, with trading volumes topping $30 million.
- Major liquidation saw more than 60 million tokens sold overnight on Aug. 18, establishing strong resistance at $0.42 and support near $0.41.
- Final-hour weakness added a further 1% decline as selling pressure intensified, leaving XLM stagnant at $0.41 with limited buying interest.
Stellar’s XLM token came under heavy institutional selling pressure between August 17 at 3:00 PM and August 18 at 2:00 PM, sliding from $0.43 to $0.41 in a 6% decline.
Trading volumes during the 24-hour period topped $30 million, representing roughly 7% of daily turnover.
STORY CONTINUES BELOW
The most notable liquidation event occurred between 1:00 AM and 3:00 AM on August 18, when institutional sellers offloaded more than 60 million tokens. This selloff forced XLM down from $0.42 to $0.41, creating strong resistance at the $0.42 level and defining new support near $0.41.
Despite attempts at recovery, the asset consistently failed to breach the resistance zone, signaling persistent institutional bearishness and leaving XLM vulnerable to further downside.
The final trading hour on August 18 added fresh pressure, as XLM registered a 1% drop between 1:21 PM and 2:20 PM. Institutional selling accelerated between 1:31 PM and 1:42 PM, with corporate liquidations pushing prices from $0.41 to $0.41 on volumes exceeding 2.7 million units.
This flurry of activity confirmed resistance at $0.41 and set a short-term support floor at the same level. Multiple recovery attempts throughout the hour were met with renewed selling pressure, culminating in a stagnant close around $0.41 with minimal volume in the last 20 minutes.
The lack of buying interest highlights the possibility of further weakness should sellers regain momentum.
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.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
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