During a 3.52% hourly decline in Binance Coin (BNB) on Binance, long liquidations across three exchanges reached $2.34 million, compared with $10,000 for shorts, placing most forced exits on bets for higher prices.
At 4:35 p.m. ET (20:35 UTC) Thursday, Binance's BNB/USDT spot pair stood at $719, down from $745 one hour earlier. The pair's 24-hour decline was 4.50% at that snapshot.
The $719 quote came from Binance's BNB/USDT spot market; the liquidation total combines activity from Binance, Bybit and OKX. CoinGecko's later market reading at 4:45 p.m. ET (20:45 UTC) put BNB at $701.71, down 7.27% over 24 hours.
The 3.52% figure compares Binance's pair with its price one hour earlier. The 7.27% figure is a separate 24-hour market measure from the later reading.
