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Ether (ETH) Shorts Hit $7.75 Million in One-Hour Liquidations

Long positions made up $2.51 million of the $10.26 million counted across the three venues.

Updated 1 min read
An editorial still life shows Ether contract markers on a pale tabletop beside three exchange trays. / EconoTimes.ai (mono)
An editorial still life shows Ether contract markers on a pale tabletop beside three exchange trays. / EconoTimes.ai (mono)

Ether's latest three-exchange liquidation snapshot showed short positions accounted for most forced closures, exceeding the long-side tally by more than $5 million during a single hour Tuesday.

Publicly available liquidation records for Binance, Bybit and OKX put Ether (ETH) short liquidations at $7.75 million in the 60 minutes that closed at 9:24 a.m. ET (14:24 UTC) on Nov. 3. Long positions accounted for $2.51 million. The dataset excludes other venues and is not a marketwide total.

On Oct. 20, a prior one-hour count across the same exchanges showed $8.24 million in short liquidations and $240,000 in long liquidations.

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