Ether Drops 1.77% in One Hour to $2,673 as Long Liquidations Top $11.6M
Ether fell from $2,721 to $2,673 over the hour, while 24-hour performance remained up 0.11%.
Ether (ETH) fell 1.77% in one hour to $2,673 at 11:28 a.m. ET (15:28 UTC) on Sept. 29, marking a sharp intraday decline for the second-largest cryptocurrency by market value.
Ether dropped from $2,721 one hour earlier to $2,673 in trading measured directly from Binance’s ETH/USDT spot market. The asset was still up 0.11% over the previous 24 hours.
Long Ether liquidations totaled $11.6 million across Binance, Bybit and OKX during the same hour, compared with $60,000 in short liquidations. Liquidations occur when exchanges close leveraged positions after traders can no longer meet margin requirements.
The figures reflect TokenPost’s direct collection and calculation of publicly available exchange prices and liquidation data.
