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Ether (ETH) Reaches $2,096 on Binance as Shorts Face $5.73 Million in Liquidations

A later market reading at 10:22 a.m. ET (15:22 UTC) Nov. 10 put Ether at $2,073.93, down 2.82% over 24 hours.

Updated 1 min read
A commuter checks a phone near New York’s financial district on a cloudy morning. / TokenPost.ai
A commuter checks a phone near New York’s financial district on a cloudy morning. / TokenPost.ai

Ether (ETH) traded at $2,096 on Binance at 10:02 a.m. ET (15:02 UTC) Nov. 10, as a tally across three exchanges recorded $5.73 million in short liquidations over the preceding hour.

The Binance spot quote had been $2,070 an hour earlier, a $26 increase based on the displayed prices. At the 10:02 a.m. reading, Ether was still down 1.52% from its level 24 hours earlier.

Long liquidations totaled $1.43 million during the same hour. The three exchanges included in the tally were Binance, Bybit and OKX.

CoinGecko and exchange spot data put Ether at $2,073.93 at 10:22 a.m. ET (15:22 UTC) Nov. 10, down 2.82% over 24 hours. That daily comparison spans a longer period than Binance's earlier one-hour price move.

A separate Oct. 20 EconoTimes liquidation reading logged $8.24 million in short liquidations and $240,000 in long liquidations over one hour across the same exchanges.

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