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Gram Falls 9.03% in 24 Hours to $1.19 as Binance Pair Drops 4.63%

At 6:50 p.m. ET, Binance’s GRAM/USDT pair was down 4.63% in an hour; a three-exchange tally showed $1.31 million in long liquidations and none in shorts.

Updated 1 min read
A Gram token is depicted against a muted exchange setting in an editorial market illustration. / EconoTimes.ai
A Gram token is depicted against a muted exchange setting in an editorial market illustration. / EconoTimes.ai

Gram (prev. Toncoin) (GRAM) was $1.19, down 9.03% over 24 hours as of 6:59 p.m. ET (22:59 UTC) Friday, Oct. 23; its Binance spot pair had fallen 4.63% in the prior hour.

At 6:50 p.m. ET (22:50 UTC), Binance’s GRAM/USDT spot pair stood at $1.24, down $0.06 from $1.30 an hour earlier; the liquidation tally covered Binance, Bybit and OKX. The Binance pair’s 24-hour decline was 5.79% at 22:50 UTC; a separate GRAM market reading showed a 9.03% decline at 22:59 UTC.

For the hour ending at 6:50 p.m. ET, a combined tally covering Binance, Bybit and OKX showed $1.31 million in liquidated long positions and no liquidated short positions. Longs had bet on prices rising; shorts had bet on prices falling. Liquidation is the forced closure of a trading position.

One measure is the spot quote from Binance’s GRAM/USDT market; the other pools liquidation figures from Binance, Bybit and OKX. Both refer to that hour but reflect different market activity. EconoTimes previously reported a five-minute rise in Toncoin to $1.60 on Oct. 20.

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