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Arbitrum Gains 6.1% in an Hour as Short Liquidations Reach $190,000

As of 10:24 a.m. ET (15:24 UTC) Nov. 4, ARB was at $0.1699, up 6.72% over 24 hours.

Updated 1 min read
An anonymous commuter holds a smartphone on a Seoul subway platform during the morning rush. / TokenPost.ai (macro)
An anonymous commuter holds a smartphone on a Seoul subway platform during the morning rush. / TokenPost.ai (macro)

A three-exchange tally recorded $190,000 in short liquidations while Arbitrum (ARB) climbed 6.10% against Tether (USDT) on Binance in the hour ending 10:05 a.m. ET Nov. 4.

At 10:05 a.m. ET (15:05 UTC), Binance quoted the ARB/USDT spot pair at $0.1705. At 9:05 a.m. ET (14:05 UTC), the quote was $0.1607, a $0.0098 difference. Binance’s 24-hour figure at the later snapshot was a 6.63% gain.

The tally covering Binance, Bybit and OKX put short liquidations at $190,000 and long liquidations at $0 for that hour. The price comparison uses Binance spot quotes; the liquidation count combines the three exchanges.

CoinGecko and exchange spot data showed ARB at $0.1699, up 6.72% over 24 hours, as of 10:24 a.m. ET (15:24 UTC) Nov. 4.

An earlier Binance move in ARB covered by EconoTimes reached 5.94% in one hour Oct. 15, while the separate 24-hour change was 0.94%.

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