Ether Shorts Worth $6.93 Million Liquidated in One Hour

Ether (ETH) short positions worth $6.93 million were liquidated across Binance, Bybit and OKX in the hour ending 10:45 a.m. ET (14:45 UTC) Thursday, Oct. 15, as ETH rose 1.34%.

The figures combine public liquidation data collected directly from the three exchanges. Liquidations totaled $12.3 million across those venues, including $5.37 million in long positions and $6.93 million in short positions. Short liquidations exceeded long liquidations by $1.56 million. The total covers Binance, Bybit and OKX only, not the broader market.

ETH rose from $2,354 to $2,385 during the same hour, a $31 increase. The 1.34% change and liquidation totals cover the same one-hour period.

That period ended at 10:45 a.m. ET, with the one-hour window running from 9:45 to 10:45 a.m. ET (13:45 to 14:45 UTC). Ethereum is the network associated with ETH, the second-largest crypto asset by market capitalization. The tally provides a one-hour snapshot of the asset’s price and liquidations.