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Ether (ETH) Rises 1.29% in an Hour to $2,501 on Binance Spot

Ether was $2,469 an hour earlier and up 1.57% over 24 hours. Short liquidations across three exchanges totaled $6.65 million.

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A faceted metal token tilts upward on a dark stone plinth / TokenPost.ai
A faceted metal token tilts upward on a dark stone plinth / TokenPost.ai

Ether (ETH) rose 1.29% in the hour to $2,501 on Binance spot at 11:05 a.m. ET (15:05 UTC) Oct. 21. The move put the token above its $2,469 level an hour earlier and left it up 1.57% over 24 hours.

The Binance ETH/USDT spot pair was the price reference for both readings: $2,501 at the observation and $2,469 one hour earlier. Over the 24 hours ending at that observation, Ether was up 1.57%.

The same one-hour period produced $6.65 million in short liquidations and $270,000 in long liquidations across Binance, Bybit and OKX. Short liquidations were about 24.6 times the long total, making up most of the recorded liquidations across those venues.

Ether ranked second among crypto assets by market capitalization, at about $301.25511 billion. The price was a Binance spot reading, while the liquidation totals combined activity across three exchanges. The hourly and 24-hour gains use different comparison windows, with the hourly measure showing the shorter-term move at the same observation time.

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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