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Ether Gains 1.49% In One Hour To Reach $2,697; Shorts Liquidated

ETH gained 1.77% over 24 hours, while short positions accounted for $2.76 million in liquidations during the same hour.

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Faceted metal token resting on a brushed exchange counter / TokenPost.ai
Faceted metal token resting on a brushed exchange counter / TokenPost.ai

Ether (ETH) rose 1.49% to $2,697 in the hour through 2:38 a.m. ET (06:38 UTC) on Sept. 29, extending its 24-hour gain to 1.77%. The price increased from $2,657 to $2,697 during the one-hour period.

The figures are based on TokenPost’s direct collection of public spot-market prices from Binance’s ETH/USDT market. The price was recorded at $2,697 at 2:38 a.m. ET.

Short-position liquidations totaled $2.76 million across Binance, Bybit and OKX during the same hour. Long liquidations totaled $0.

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