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Ether Fell 1.30% in an Hour as Long Liquidations Reached $14.97 Million

A tally across Binance, Bybit and OKX showed $14.97 million in long liquidations, compared with $1.02 million in short positions.

Updated 1 min read
An editorial graphic shows Ether beside an uneven comparison of long and short liquidations. / EconoTimes.ai (mono)
An editorial graphic shows Ether beside an uneven comparison of long and short liquidations. / EconoTimes.ai (mono)

Ether fell 1.30% in an hour on Binance on Thursday, Nov. 5, while a tally across Binance, Bybit and OKX showed substantially more liquidated long positions than shorts.

At 9:50 a.m. ET (14:50 UTC), Binance’s ETH/USDT spot pair was quoted at $2,361, down 1.30% over the preceding hour. The pair’s earlier quote was $2,392, putting the later reading $31 lower.

Across the three exchanges, the tally showed $14.97 million in liquidated long positions against $1.02 million in shorts for that hour. The long total was $13.95 million greater. The price quote is from Binance’s spot market, while the liquidation tally combines the three exchanges.

Ether’s rolling 24-hour change at the 9:50 a.m. observation was minus 0.85%, a separate window from the hourly move. As of 15:00 UTC on Nov. 5, CoinGecko and exchange spot data put Ether at $2,340.38, down 1.47% over 24 hours.

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