1 min read
Add as a preferred source on Google

Binance Coin Falls 5.52% in Four Hours to $699 in Spot Trading

BNB was down 8.11% over 24 hours, while a three-exchange tally showed $350,000 in long liquidations over one hour.

Mentioned assets
A gold token tilts on a sharply angled stone ledge / TokenPost.ai
A gold token tilts on a sharply angled stone ledge / TokenPost.ai

Binance Coin (BNB) fell 5.52% in four hours to $699 at 8:05 p.m. ET Thursday, Oct. 29 (00:05 UTC Oct. 30), on Binance's BNB/USDT spot market.

The same Binance spot pair was at $740 four hours before the snapshot. That represents a 5.52% decline from $740; BNB was also down 8.11% over a separate 24-hour window. The spot-price comparison uses Binance's BNB/USDT market, while the liquidation tally combines three exchanges.

The one-hour liquidation aggregation across Binance, Bybit and OKX showed $350,000 in long liquidations and $0 in short liquidations. The liquidation window is shorter than the four-hour price comparison.

BNB ranked fourth by market capitalization at about $92,664,990,000. Its 24-hour decline covers a broader interval than the 5.52% four-hour move, giving a separate view of the price change at the time of the snapshot.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…