Morpho Falls 4.0% in One Hour to $2.82 as Long Liquidations Reach $10,000
Morpho dropped from $2.94 to $2.82 on Binance spot trading at 11:17 a.m. ET, while short liquidations totaled $0 across three exchanges.
Morpho (MORPHO) fell 4.02% in one hour to $2.82 at 11:17 a.m. ET (15:17 UTC) on Sept. 24, marking a sharp short-term decline for Morpho.
The token was trading at $2.94 one hour earlier. The current price was measured on Binance's MORPHO/USDT spot market using TokenPost's direct exchange-price collection.
Long liquidations totaled $10,000 during the same hour across Binance, Bybit and OKX, while short liquidations totaled $0. Liquidations occur when leveraged positions are automatically closed after traders can no longer meet margin requirements.
Morpho ranked 50th by market capitalization, with a value of about $1.96372 billion at the time of the measurement.
