Avalanche Falls 3.18% in an Hour to $7.93 as Long Liquidations Reach $1.58M

Avalanche (AVAX) fell 3.18% in one hour to $7.93 at 5:01 p.m. ET Sunday, Nov. 8 (22:01 UTC), while long liquidations across three exchanges totaled $1.58 million during the same period.

AVAX was $7.93 on Binance spot AVAX/USDT, down from $8.19 one hour earlier. The quotes compare the same exchange and trading pair; AVAX was also down 3.36% over the 24 hours ending at the observation. The 24-hour percentage uses a separate daily comparison window.

The liquidation tally combined activity from Binance, Bybit and OKX for that same hour. Long liquidations across Binance, Bybit and OKX totaled $1.58 million during that hour, with $0 in short liquidations.

Avalanche ranked 28th by market capitalization at approximately $3.61037 billion. That gives the hourly move a broader market context: the reported one-hour decline coincided with a 3.36% loss over 24 hours, while short liquidations totaled $0 in the measured hour.