Ether (ETH) Drops 6.82% in Four Hours to $2,249 on Binance Spot

Ether (ETH) fell 6.82% in four hours to $2,249 on Binance’s ETH/USDT spot market at 11:10 a.m. ET (16:10 UTC) Thursday. The quote stood at $2,413 four hours earlier.

The four-hour change was calculated from public quotes for the same Binance spot pair, collected four hours apart. Ether was down 7.92% over 24 hours at the time of the observation. That figure covers a longer comparison window than the four-hour move, which ended at $2,249. The four-hour calculation compares the pair at two points separated by four hours.

During the same one-hour period, long liquidations across Binance, Bybit and OKX totaled $42.03 million and short liquidations totaled $6.75 million. Those totals cover the three exchanges, while the quoted price is the Binance spot ETH/USDT observation.

Ether ranked No. 2 by market capitalization, at about $280.99 billion. The reported decline appeared in both measured windows, and the one-hour liquidation total was higher for long positions than for short positions.