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Ether Rises $31 as Short Liquidations Outpace Longs on Three Exchanges

Short positions made up $6.93 million of the $12.3 million tally; displayed prices imply a 1.32% gain.

Updated 1 min read
A market graphic compares Ether liquidations against a rain-wet financial-district street in New York. / EconoTimes.ai
A market graphic compares Ether liquidations against a rain-wet financial-district street in New York. / EconoTimes.ai

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Ether (ETH) gained $31 on Thursday, Oct. 15, while exchange liquidation data showed short positions on Binance, Bybit and OKX exceeded longs by $1.56 million in the hour through 10:45 a.m. ET.

The exchanges' data showed $12.3 million in reported liquidations, comprising $6.93 million from shorts and $5.37 million from longs. The short-side amount was $1.56 million above the long-side figure.

Displayed prices put Ether at $2,354 at 9:45 a.m. ET (13:45 UTC) and $2,385 at 10:45 a.m. ET (14:45 UTC), a gain of about 1.32%. The tally excludes other venues.

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