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Ether Gains 2.26% in Four Hours to $2,695 as Shorts Liquidate $7.85M

ETH rose from $2,636 over four hours and was up 1.64% over 24 hours at 10:32 a.m. ET on Sept. 24.

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Faceted cryptocurrency token beside a red market marker / TokenPost.ai
Faceted cryptocurrency token beside a red market marker / TokenPost.ai

Ether (ETH) climbed 2.26% in four hours to $2,695 at 10:32 a.m. ET (14:32 UTC) on Sept. 24, extending its 24-hour gain to 1.64% in a sharp move for the second-largest cryptocurrency by market capitalization.

TokenPost’s spot-market tracking recorded the move from $2,636 to $2,695 on Binance’s ETH/USDT market. The price was measured at $2,695 at the stated time, with the four-hour change calculated from the same exchange data.

Liquidations were concentrated among traders betting against the move. Short positions worth $7.85 million were liquidated across Binance, Bybit and OKX during the same hour, compared with $220,000 in long liquidations.

The move leaves ETH higher across both tracked periods: 2.26% over four hours and 1.64% over 24 hours.

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