Ether Falls 1.41% in One Hour to $2,442 on Binance Spot Trading

Ether (ETH) fell 1.41% in the hour through 10:20 p.m. ET Wednesday, Oct. 21 (02:20 UTC Oct. 22), reaching $2,442 on Binance’s ETH/USDT spot market. Public exchange prices collected for the comparison put Ether at $2,477 one hour earlier.

At that observation time, Ether was down 0.39% over 24 hours. The hourly decline was larger than the net change across the full day, with both readings showing the asset lower over their respective periods. The price figures are stated in U.S. dollars.

Ether liquidations across Binance, Bybit and OKX during the same hour totaled $7.52 million on the long side and $20,000 on the short side. The figures distinguish totals by position direction and cover the same one-hour interval as the price comparison.

The one-hour move represented a $35 decline from the prior reading. Ether’s market capitalization was approximately $302.53217 billion, ranking it No. 2 among crypto assets.