Add as a preferred source on GooglePepe (PEPE) Rises 4.05% In One Hour To $0.00000514 At 1:07 a.m. ET
The 24-hour gain was 6.42%, while short liquidations across three exchanges totaled $260,000 in the same hour.
Pepe (PEPE) rose 4.05% in the hour to 1:07 a.m. ET (05:07 UTC) Thursday, reaching $0.00000514 on Binance’s PEPE/USDT spot market.
The earlier reading was $0.00000494, making the increase $0.00000020. PEPE was also 6.42% above its price 24 hours before the observation, a comparison covering a longer window than the reported hourly change.
Over that same hour, liquidations across Binance, Bybit and OKX totaled $260,000 in shorts and $0 in longs. A liquidation is a forced closing of a trading position. Short positions bet on a price decline, while long positions bet on a rise; the tally reports which side was closed, not what caused PEPE to move.
PEPE ranked 48th by market capitalization at about $2.07999 billion. The liquidation totals combined activity from the three exchanges over the same one-hour period.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.