Add as a preferred source on GoogleEther Long Liquidations Reach $24.56 Million in One Hour
The tally covered $24.69 million in total Ether liquidations during the hour ending at 7:04 p.m. ET on Oct. 12, as the asset fell 1.21%.
Ether (ETH) saw $24.56 million in long-position liquidations during the hour ending at 7:04 p.m. ET on Oct. 12 (23:04 UTC), as forced closures accompanied a 1.21% price decline.
Total Ether liquidations reached $24.69 million across three exchanges. Short-position liquidations accounted for $130,000, leaving long positions responsible for nearly all of the total.
Ether traded at $2,496 at the start of the one-hour period and fell to $2,465 by its end. Ether is the asset associated with Ethereum, the second-largest cryptocurrency by market capitalization.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.