Ether Falls 2.3% in Four Hours to $2,460 as Long Liquidations Rise

Ether (ETH) fell 2.33% in four hours to $2,460 at 7:29 p.m. ET Monday (23:29 UTC), extending its 24-hour decline to 3.01%. The move took the second-largest cryptocurrency by market capitalization from $2,519 to $2,460.

The price was calculated from TokenPost’s direct collection of public exchange prices, using the Binance spot ETH/USDT market as the reference. The calculation covers the four-hour period ending at 7:29 p.m. ET.

Liquidations intensified alongside the decline. Long positions accounted for $27.32 million in liquidations during the same hour across Binance, Bybit and OKX, while short liquidations totaled $240,000.

Ether’s market capitalization was approximately $302.73235 billion at the time of the measurement.