Binance Coin Drops 3.52% in an Hour to $719 on Binance Spot

Binance Coin (BNB) fell 3.52% in one hour to $719 as of 4:35 p.m. ET Thursday, Oct. 29 (20:35 UTC), while its loss over the previous 24 hours reached 4.50%.

BNB/USDT was $719 at the end of the hour, down from $745 at the start. The reading came from Binance’s spot market, and the hourly percentage compares the pair’s quote with its level one hour earlier.

Across Binance, Bybit and OKX, liquidations during the same one-hour period totaled $2.34 million for long positions and $10,000 for short positions. The totals cover those three exchanges and the one-hour window ending at the recorded price observation.

BNB’s market capitalization was about $97.19 billion, ranking fourth among crypto assets. The price observation was specific to Binance’s BNB/USDT spot pair, while liquidation totals combined activity across the three exchanges during the hour ending at 4:35 p.m. ET on Oct. 29.