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Ether (ETH) Longs Account for $10.98 Million in Liquidations

Liquidations totaled $11.03 million across Binance, Bybit and OKX as Ether fell from $2,134 to $2,107 in one hour.

Updated 1 min read
A pedestrian checks a phone on a Lower Manhattan sidewalk in New York City. / TokenPost.ai
A pedestrian checks a phone on a Lower Manhattan sidewalk in New York City. / TokenPost.ai

Ether (ETH) long positions accounted for nearly all of the $11.03 million in Ether liquidations recorded across Binance, Bybit and OKX in the hour through 4:06 p.m. ET Monday, as the asset fell $27 from $2,134.

Public liquidation figures from the three exchanges put the total at $11.03 million. Long positions made up $10.98 million, compared with $50,000 in short positions.

The observation began at 3:06 p.m. ET Nov. 9. The tally combines figures from Binance, Bybit and OKX only, excluding activity on other venues.

A separate Nov. 9 EconoTimes snapshot put 24-hour crypto derivatives liquidations at $1.187 billion, including $505 million tied to Ether.

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