Ether Rises 1.25% in One Hour to $2,388 on Binance Spot

Ether (ETH) climbed 1.25% in one hour to $2,388 at 7:55 p.m. ET Friday, Oct. 23 (23:55 UTC), even as it remained down 0.07% over the prior 24 hours. ETH was $2,358 on Binance spot ETH/USDT one hour earlier, a $30 increase over the measured window.

Short liquidations totaled $1.42 million and long liquidations totaled $140,000 across Binance, Bybit and OKX during the same hour. Short liquidations exceeded long liquidations by $1.28 million, and the combined total across both sides was $1.56 million.

Ether was the second-largest crypto asset by market capitalization, at about $290.6634 billion. The price reading came from Binance’s spot ETH/USDT market, while the liquidation tally combined three exchanges over the same one-hour window.