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Ether Long Liquidations Hit $22.55 Million in One Hour

Total liquidations reached $23.04 million as Ether fell 0.68% from $2,608 to $2,590.

Mentioned assets
Metallic cryptocurrency tokens scattered across a reflective glass surface / TokenPost.ai
Metallic cryptocurrency tokens scattered across a reflective glass surface / TokenPost.ai

Ether (ETH) long positions worth $22.55 million were liquidated in the hour through 6:11 a.m. ET (10:11 UTC) on Oct. 7, as the second-largest cryptocurrency by market capitalization declined 0.68%.

Total liquidations reached $23.04 million across the period, including $490,000 in short positions. Ether fell from $2,608 to $2,590 during the same hour.

The figures are based on public liquidation data collected and combined from Binance, Bybit and OKX. They cover those three exchanges and do not represent the full cryptocurrency market.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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