# Avalanche Drops 3.64% in an Hour to $10.57 on Binance

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/26462
Published: 2026-10-02T18:47:13.000Z
Updated: 2026-10-02T18:47:13.000Z
Section: Investing

> AVAX was down 3.75% over 24 hours. Long liquidations totaled $800,000 across three exchanges during the hour.

Avalanche (AVAX) fell 3.64% in one hour to $10.57 on Binance’s AVAX/USDT spot pair at 2:46 p.m. ET (18:46 UTC) Friday, extending its 24-hour decline to 3.75%. The price was $10.97 an hour earlier.

Long liquidations totaled $800,000 across Binance, Bybit and OKX during the same hour. Short liquidations totaled $0. Liquidations occur when exchanges close leveraged positions after traders can no longer meet margin requirements.

The price and liquidation figures are TokenPost’s calculations from exchange market data collected at the stated time. No cause for the drop was provided in the available market figures.