1 min read
Add as a preferred source on Google

Ether Liquidations Reach $16.16 Million in One Hour, Led by Longs

Ether fell from $2,398 to $2,366 during the same hour. The tally covers Binance, Bybit and OKX only.

Mentioned assets
An unmarked silver token slides down a steep charcoal ramp / TokenPost.ai
An unmarked silver token slides down a steep charcoal ramp / TokenPost.ai

Ether (ETH) recorded $16.16 million in liquidations during the hour ending at 12:50 p.m. ET (16:50 UTC) Oct. 22. Long positions accounted for $16.15 million of the total, while short positions made up $10,000.

The tally combines public liquidation data collected from Binance, Bybit and OKX. It includes activity across those three exchanges only, rather than a marketwide total. The reported amount is the combined value for the same one-hour interval.

Ether's price fell from $2,398 to $2,366 over that hour. The split shows $16.15 million on the long side and $10,000 on the short side.

Ethereum ranked second by crypto market capitalization. Its price comparison and liquidation breakdown cover the same one-hour period ending at the stated cutoff. The total and its two components are reported in U.S. dollars.

Enna Lee

Reporter

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

Loading…