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Binance Coin Falls 3.75% in Four Hours, Trading at $733

BNB was down 4.99% over 24 hours, while $3.85 million in long positions were liquidated during the same hour.

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Gold token resting at an angle under sharp side light / TokenPost.ai
Gold token resting at an angle under sharp side light / TokenPost.ai

Binance Coin (BNB) fell from $761 to $733 over four hours as of 12:23 p.m. ET (16:23 UTC) on Oct. 8, extending its 24-hour decline to 4.99%.

The move represented a 3.75% drop over the four-hour period. The price was measured from Binance’s spot BNB/USDT market using exchange data collected directly by TokenPost.

Long-position liquidations totaled $3.85 million across Binance, Bybit and OKX during the same hour. Short-position liquidations totaled $0.

BNB ranked as the fourth-largest crypto asset by market capitalization, valued at about $97.02499 billion at the time of the move.

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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