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Ether (ETH) Gains $50 on Binance While 24-Hour Measure Shows a 0.63% Decline

The Binance ETH/USDT spot quote reached $2,426 at 11:20 a.m. ET (15:20 UTC) Oct. 15.

Updated 1 min read
An editorial graphic contrasts Ether’s hourly gain with its negative 24-hour reading. / EconoTimes.ai
An editorial graphic contrasts Ether’s hourly gain with its negative 24-hour reading. / EconoTimes.ai

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Binance’s Ether (ETH) market showed a split across time windows Thursday, with the ETH/USDT spot quote gaining $50 in an hour while the 24-hour reading remained down 0.63%.

At 10:20 a.m. ET (14:20 UTC) Oct. 15, the pair was quoted at $2,376. By 11:20 a.m. ET, it was at $2,426, a 2.11% increase over the hour. The 24-hour measure ending with the later quote was still negative, covering a longer period than the hourly change.

An earlier Thursday snapshot showed Ether up $31, with short liquidations across Binance, Bybit and OKX $1.56 million higher than long liquidations. In that snapshot, liquidations from short positions totaled $6.93 million and those from long positions $5.37 million, for $12.3 million overall. The earlier liquidation figures and the later price quote refer to separate Thursday observations.

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