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Ether Long Liquidations Hit $18.63 Million in One Hour

Total liquidations reached $18.64 million across Binance, Bybit and OKX as Ether fell 1.41% over the same hour.

Mentioned assets
A silver Ether token tips over a fractured charcoal ledge / TokenPost.ai
A silver Ether token tips over a fractured charcoal ledge / TokenPost.ai

Ether (ETH) long positions worth $18.63 million were liquidated in the hour ending at 4:51 p.m. ET Nov. 8 (21:51 UTC), during which Ether fell 1.41% from $2,228 to $2,196.

TokenPost’s tally for the hour totaled $18.64 million, including $10,000 in short positions. TokenPost collected and combined publicly available liquidation data from Binance, Bybit and OKX. The total covers those three exchanges only, not the entire market. Long positions accounted for all but $10,000 of the reported liquidations, making up $18.63 million of the combined figure.

Ether’s price declined $32 over the same one-hour window, from $2,228 to $2,196. That window ran from 3:51 p.m. to 4:51 p.m. ET Nov. 8 (20:51 to 21:51 UTC). Ether is the second-largest cryptocurrency by market capitalization. The $18.64 million total combines the $18.63 million in long liquidations with $10,000 in short liquidations, and the figures are limited to Binance, Bybit and OKX. Both sides are counted within the same one-hour period.

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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