# Ether Drops 1.64% in One Hour to $2,358 on Binance Spot

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39412
Published: 2026-10-23T23:00:38.000Z
Updated: 2026-10-23T23:00:38.000Z
Section: Investing

> Ether was down 1.14% over 24 hours. Long liquidations totaled $22.4 million across three exchanges during the hour.

Ether (ETH) fell 1.64% in one hour to $2,358 on Binance’s ETH/USDT spot market at 6:55 p.m. ET (22:55 UTC) Friday.

Binance’s ETH/USDT quote was $2,398 an hour earlier, a $40 decrease. Over the preceding 24 hours, Ether was down 1.14%.

Across Binance, Bybit and OKX, $22.4 million in long positions and $0 in short positions were liquidated during the hour.

Ether’s market capitalization was about $290.81 billion, ranking it second among crypto assets. The price reading is from Binance spot, while the liquidation tally combines three exchanges; both cover the same hour but measure different activity.