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Ether Long Liquidations Hit $11.59 Million as Price Falls

The three-exchange tally reached $13.16 million. Ether fell 1.24% over the same hour.

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A faceted silver token rests beside descending metal markers / TokenPost.ai (mono)
A faceted silver token rests beside descending metal markers / TokenPost.ai (mono)

Ether (ETH) saw $11.59 million in long positions liquidated during the hour ending at 6:10 p.m. ET (23:10 UTC) Thursday, Nov. 5, part of $13.16 million in combined liquidations recorded across three exchanges.

TokenPost collected and combined public liquidation data from Binance, Bybit and OKX for the one-hour interval ending at that cutoff. The tally covers those three exchanges only and is not a market-wide total. Long liquidations amounted to $11.59 million, while short liquidations totaled $1.58 million. Long positions were the larger of the two reported categories.

Ether's price fell from $2,236 to $2,208 over the same interval, a 1.24% decline. The hour began at 5:10 p.m. ET (22:10 UTC) Thursday, Nov. 5, and ended at 6:10 p.m. ET (23:10 UTC). Ether ranked second by market capitalization.

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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