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Ether Rises 2.97% in an Hour to $2,423 on Binance Spot Market

Short liquidations totaled $39.37 million across three exchanges during the same hour, versus $2.73 million in long liquidations.

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A ridged silver token stands on a steep copper ramp / TokenPost.ai
A ridged silver token stands on a steep copper ramp / TokenPost.ai

Ether (ETH) rose 2.97% over the hour ending at 10:45 a.m. ET (15:45 UTC) Nov. 4, reaching $2,423 on Binance’s ETH/USDT spot market. The pair was at $2,353 one hour earlier. ETH was up 5.53% over the 24 hours ending at that same snapshot.

The separate liquidation tally covers Binance, Bybit and OKX over that hour: short liquidations totaled $39.37 million, compared with $2.73 million in long liquidations. The tally covers three exchanges, while the quoted price is a single Binance spot-market reading.

Ether ranked second by market capitalization, with an estimated value of $296,504,180,000. The reported one-hour and 24-hour gains use different comparison windows, with the shorter move tracking the $2,353-to-$2,423 change and the broader measure recording 5.53%. Both percentages refer to dollar price changes across their respective periods.

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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