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Ether (ETH) Falls 1.92% in One Hour to $2,324 on Binance

Ether was down 3.23% over 24 hours, while long liquidations across three exchanges totaled $44.9 million in the same hour.

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A silver token teeters on a dark sloping stone surface / TokenPost.ai
A silver token teeters on a dark sloping stone surface / TokenPost.ai

Ether (ETH) fell 1.92% in one hour to $2,324 at 11:05 a.m. ET Saturday, Oct. 24 (15:05 UTC), in TokenPost's collection of Binance spot prices for the ETH/USDT pair.

The same pair was priced at $2,369 at 10:05 a.m. ET, making the latest quote $45 lower. TokenPost calculated the move from public Binance exchange quotes it collected directly. The 24-hour comparison showed a 3.23% decline through the 11:05 a.m. observation; it uses a daylong window, while the 1.92% reading covers the preceding hour.

During the matching one-hour period, TokenPost's liquidation tally across Binance, Bybit and OKX recorded $44.9 million in long positions and $870,000 in short positions. Ether ranked No. 2 among crypto assets by market capitalization. The price and liquidation figures are separate measures: the former is a Binance spot quote, while the latter combines three exchanges. The liquidation tally covers long and short positions liquidated during the same one-hour period.

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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