Sky Rises 4.16% in One Hour to $0.09739 as Daily Gain Reaches 9.86%

Sky (SKY) climbed 4.16% in one hour to $0.09739 at 1:46 a.m. ET (05:46 UTC) on Oct. 4, using Binance spot SKY/USDT prices. The move took the token from $0.0935 to $0.09739, while its 24-hour gain stood at 9.86%.

Liquidations across Binance, Bybit and OKX totaled $10,000 in short positions and $0 in long positions during that hour. Liquidations occur when exchanges close leveraged positions after traders can no longer meet the required margin.

The figures describe the measured price change and liquidations over the same one-hour period. No cause for the move is established in the supplied information.