Ether (ETH) Drops 2.88% in Four Hours to $2,245 on Binance Spot

Ether (ETH) fell 2.88% in four hours to $2,245 on Binance spot at 8:10 p.m. ET Oct. 29 (00:10 UTC Oct. 30), as one-hour ETH long liquidations across three exchanges reached $10.01 million.

The Binance spot ETH/USDT pair was at $2,245 at that time. Four hours earlier, the same pair traded at $2,311, a $66 difference. Ether also was down 4.89% over 24 hours. The four-hour calculation compares Binance spot quotes at both ends of that interval, while the daily percentage covers a separate time window.

The one-hour ETH liquidation tally covered Binance, Bybit and OKX. It totaled $10.01 million in liquidated long positions and $70,000 in short positions. Long positions made up nearly all the value in that one-hour count. The liquidation figures measure positions closed over an hour, separate from the four-hour spot-price comparison.

Ether ranked second among cryptocurrencies by market capitalization, at an estimated $276.9 billion.