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Ether (ETH) Long Liquidations Hit $52.33 Million as Binance Price Drops

At 10:56 p.m. ET, Binance quoted Ether at $1,929, down 3.23% from an hour earlier, as long liquidations outweighed short liquidations across Binance, Bybit and OKX.

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An editorial graphic shows Ether long liquidations dwarfing short liquidations across three exchanges. / TokenPost.ai
An editorial graphic shows Ether long liquidations dwarfing short liquidations across three exchanges. / TokenPost.ai

Long Ether (ETH) positions worth $52.33 million were forcibly closed across Binance, Bybit and OKX in one hour late Thursday, far exceeding short liquidations during the same period.

At 10:56 p.m. ET Thursday (03:56 UTC Friday), Binance’s ETH/USDT spot market quoted Ether at $1,929. An hour earlier, the pair stood at $1,993. The reported one-hour decline was 3.23%, while Ether’s loss over the preceding 24 hours was 6.08%.

The price move compares two Binance spot quotes; liquidation totals cover the same one-hour period on Binance, Bybit and OKX. In these tallies, liquidations refer to positions closed by force. The count covers those three venues.

A separate Oct. 15 EconoTimes reading across the same exchanges recorded $7.13 million in long liquidations and $520,000 in shorts.

As of 04:12 UTC Friday, Nov. 13, CoinGecko and exchange spot data put Ether at $1,933.47, down 5.76% over 24 hours.

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