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Ether Falls 1.35% in One Hour to $2,429 on Binance Spot Market

ETH remained up 0.46% over 24 hours. Long liquidations reached $15.9 million across Binance, Bybit and OKX during the same hour.

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A silver token tips beside a descending red line. / TokenPost.ai (mono)
A silver token tips beside a descending red line. / TokenPost.ai (mono)

Ether (ETH) fell 1.35% in one hour to $2,429 on Binance’s ETH/USDT spot market at 8:27 p.m. ET Oct. 20 (00:27 UTC Oct. 21).

The price reflects directly collected public exchange quotes. ETH remained 0.46% above its level 24 hours earlier, leaving the one-hour decline and the daily change pointing in opposite directions at the observation time. The figures describe different measurement periods and a single price snapshot.

During that same hour, a direct tally across Binance, Bybit and OKX recorded $15.9 million in Ether long liquidations and $1.72 million in short liquidations. The long total was more than nine times the short total. Those liquidation figures cover the three named exchanges and the same one-hour period as the price move.

Ether ranked second among crypto assets by market value in the snapshot.

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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