1 min read
Add as a preferred source on Google

Ether Shorts Worth $13.32 Million Liquidated in One Hour

Ether rose 1.45% during the same hour.

Mentioned assets
A silver token rests beside an open steel clamp / TokenPost.ai
A silver token rests beside an open steel clamp / TokenPost.ai

Ether (ETH) short positions worth $13.32 million were liquidated in the hour through 6 p.m. ET Sunday (22:00 UTC), as the asset rose 1.45% to $2,385.

The $13.32 million total covers liquidations on Binance, Bybit and OKX, not the entire market. It covers activity on those three exchanges, rather than the entire market. Short positions accounted for all $13.32 million in the window, while long liquidations totaled $0.

Ether moved from $2,351 to $2,385 during the same hour, a $34 gain. The liquidation measure and price change cover the same one-hour period, ending at 6 p.m. ET (22:00 UTC) on Oct. 18.

The $13.32 million figure is a combined total for the three named exchanges; it is not an all-market estimate. It applies only to this one-hour window, so it does not describe liquidation totals across a longer period. Within the reported snapshot, all recorded liquidations were short positions, alongside a higher Ether price at the window’s close.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…