Short liquidations in Pepe (PEPE) reached $1.14 million across Binance, Bybit and OKX during an hour when its Binance spot price rose 4.32% on Nov. 10, reversing the Oct. 29 liquidation pattern.
Binance’s PEPE/USDT quote moved from $0.00000532 at 8:57 a.m. ET (13:57 UTC) to $0.00000555 at 9:57 a.m. ET (14:57 UTC). The price change reflects trading on Binance, while the liquidation tally covers all three exchanges.
Long liquidations totaled $10,000 during that hour, leaving the short total $1.13 million higher. A liquidation is the automatic closure of a trading position.
A later market reading put PEPE at $0.00000551, up 5.84% over 24 hours, as of 15:12 UTC. That reading covers a different period from the one-hour Binance price change.
An Oct. 29 tally of PEPE liquidations showed $2.15 million in long liquidations and $210,000 in shorts across the same three exchanges. Its liquidation figures covered a separate hour.
