Digital Currency

Add as a preferred source on Google

Ether (ETH) Long Positions Account for $231.19 Million in Liquidations

The count covered Binance, Bybit and OKX; Ether (ETH) fell 4.26% during the measured hour.

Updated 1 min read
An editorial graphic depicts Ether long positions liquidated across three cryptocurrency exchanges. / EconoTimes.ai (mono)
An editorial graphic depicts Ether long positions liquidated across three cryptocurrency exchanges. / EconoTimes.ai (mono)

Ether (ETH) fell 4.26% during an hour in which publicly available records showed $231.19 million in long positions liquidated across three exchanges, concentrating the reported forced closures on bets tied to price gains.

The interval concluded at 5:21 p.m. ET on Nov. 8, which was 22:21 UTC. It drew on data from Binance, Bybit and OKX. Ether’s reported price moved from $2,227 to $2,132 over the interval.

The count covers activity on those three exchanges only and is not a marketwide total. A separate EconoTimes report on another one-hour episode with $5.56 million in Ether long liquidations covered a different price decline.

Ether traded at $2,127.33 as of 20:29 UTC Nov. 9, down 4.49% over 24 hours. That later quote covers a separate period from the one-hour liquidation count.

Related articles

View all