Ether Drops 1.41% in One Hour to $2,196 on Binance Spot

Ether fell 1.41% in the hour through 4:51 p.m. ET on Nov. 8 (21:51 UTC) to $2,196 on Binance spot, while long liquidations totaled $18.63 million.

The price measurement uses newsroom-collected Binance spot ETH/USDT quotes. The $2,196 quote marked the end of the one-hour observation, and the 1.41% change compares it with the quote at the start of that window. ETH was down 1.52% over the preceding 24 hours, providing a longer comparison period.

Liquidations across Binance, Bybit and OKX totaled $18.64 million during the same hour: $18.63 million in long positions and $10,000 in short positions. Long liquidations made up nearly all of the combined total. The tally covers the same one-hour window as the price measurement.

Ether ranked second by market capitalization in the snapshot, at about $270.38 billion. The price and liquidation figures share the same one-hour cutoff, so both measures reflect activity during the same period.