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Ether Short Liquidations Hit $7.75 Million Over One Hour

The three-exchange tally totaled $10.26 million as Ether rose 0.24% during the same hour.

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A silver faceted token tips beside a snapped black metal chain / TokenPost.ai
A silver faceted token tips beside a snapped black metal chain / TokenPost.ai

Ether (ETH) saw $7.75 million in short positions liquidated during the hour ending at 9:24 a.m. ET (14:24 UTC) Nov. 3, while its price rose 0.24%.

The three-exchange total was $10.26 million, comprising $7.75 million in short positions and $2.51 million in long positions. The count combines publicly available liquidation records from Binance, Bybit and OKX.

The tally covers those three exchanges only, not the full crypto market, and measures the one-hour period ending at 9:24 a.m. ET. The $10.26 million figure is an aggregate from Binance, Bybit and OKX, rather than a market-wide total.

Ether moved from $2,279 to $2,284 over the same hour. Ethereum's native token is the second-largest crypto asset by market capitalization. The liquidation figures and price movement cover the same period.

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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