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Ether Long Liquidations Reach $109.24 Million in One Hour

Ether fell 2.90% from $2,508 to $2,435 during the same hour, with total liquidations reaching $111.43 million.

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Faceted silver coin resting on a sharply tilted glass surface / TokenPost.ai
Faceted silver coin resting on a sharply tilted glass surface / TokenPost.ai

Ether (ETH) long-position liquidations reached $109.24 million in the hour through 12:18 p.m. ET (16:18 UTC) on Oct. 8, as the second-largest cryptocurrency by market capitalization fell 2.90%.

Total liquidations across Binance, Bybit and OKX reached $111.43 million during the period. Short-position liquidations accounted for $2.19 million of the total.

Ether traded at $2,508 at the start of the hour and fell to $2,435 by the end. The figures cover only the three exchanges and do not represent the entire 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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