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Binance Coin (BNB) Gains 2.05% in an Hour, Reaching $699

TokenPost's Binance spot reading rose from $685; $180,000 in liquidations were recorded across three exchanges.

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A gold-toned token balances atop a sculptural metal incline / TokenPost.ai
A gold-toned token balances atop a sculptural metal incline / TokenPost.ai

Binance Coin (BNB) gained 2.05% to $699 in the hour ending at 9:28 p.m. ET Thursday, Oct. 29 (01:28 UTC Friday), a move for the fourth-largest crypto asset by market value.

The price stood at $685 one hour earlier, a $14 increase over the period. TokenPost collected the $699 reading directly from Binance's BNB/USDT spot market and calculated the hourly change from the two prices.

Liquidation totals across Binance, Bybit and OKX showed $130,000 in long positions and $50,000 in short positions liquidated during the same hour. The two amounts add to $180,000, with long-position liquidations exceeding short-position liquidations by $80,000.

BNB's market capitalization was about $91.707 billion. The reported price is a spot reading; the liquidation totals combine figures for the same one-hour window across the three exchanges.

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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