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Ether Rises $28 on Binance as Short Liquidations Reach $4.39 Million

The three-exchange tally recorded no long liquidations.

Updated 1 min read
An Ether token sits beside a visual tally of short liquidations in the global crypto market / TokenPost.ai (mono)
An Ether token sits beside a visual tally of short liquidations in the global crypto market / TokenPost.ai (mono)

Ether (ETH) rose $28 on Binance in the hour to 11:58 p.m. ET Thursday, while a three-exchange liquidation tally showed $4.39 million in short positions and none in longs.

At 11:58 p.m. ET Thursday, Oct. 29 (03:58 UTC Friday), Binance's ETH/USDT market showed $2,237; one hour earlier, it showed $2,209. The two quotes were $28 apart.

Across Binance, Bybit and OKX, short-position liquidations totaled $4.39 million during the interval; the count recorded no long liquidations. The data pairs Binance spot pricing with a liquidation count spanning three exchanges.

As of 12:05 a.m. ET Friday (04:05 UTC), Ether traded at $2,229.14, down 3.28% over 24 hours, according to CoinGecko and exchange spot data. That daily figure covers a longer period than the one-hour Binance price comparison.

An earlier EconoTimes Ether snapshot paired a 2.11% four-hour gain with $1.83 million in short liquidations counted over a separate one-hour window.

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