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Ether (ETH) Falls 2.14% in Four Hours to $2,413 by Oct. 16 at 1:15 p.m. ET

The 24-hour decline was 1.24%. One-hour liquidations totaled $7.51 million for long positions and $100,000 for short positions.

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A silver Ether token tips beside a lowered brass balance pan / TokenPost.ai
A silver Ether token tips beside a lowered brass balance pan / TokenPost.ai

Ether (ETH) stood at $2,413 on Binance spot ETH/USDT at 1:15 p.m. ET on Oct. 16 (17:15 UTC), down 2.14% from $2,465 four hours earlier.

Ether was down 1.24% over the prior 24 hours. The four-hour loss exceeded the net 24-hour decline by 0.90 percentage point, and the price was $52 below its level at the start of that shorter window. The measurements cover different lookback periods: four hours and 24 hours. Ether ranked No. 2 by market capitalization, at about $295.35836 billion.

The one-hour liquidation tally combined ETH positions on Binance, Bybit and OKX. It recorded $7.51 million in long liquidations and $100,000 in short liquidations, a $7.41 million gap. Long liquidations were about 75 times the short total. The combined total was $7.61 million, with long positions accounting for about 98.7%.

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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