Ether (ETH) Falls 3.05% in Four Hours to $2,612 in Spot Trading

Ether (ETH) fell 3.05% in four hours to $2,612 as of 1:03 a.m. ET (05:03 UTC) Wednesday, extending its 24-hour decline to 3.31%. The move was measured from $2,694 to $2,612 using Binance spot ETH/USDT prices collected by TokenPost.

Ether ranked as the No. 2 cryptocurrency by market capitalization, valued at about $318.747 billion at the time of the price check. The decline puts the asset below its level four hours earlier.

One-hour liquidations across Binance, Bybit and OKX totaled $30,000 for long positions and $10,000 for short positions. The figures show that long-position liquidations exceeded short-position liquidations during the hour.