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Ether Short Liquidations Reach $10.76 Million in One Hour

The three-exchange total was $11.74 million as ETH rose 1.85% during the same hour.

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A plain metal coin tilts beside a snapped steel band / TokenPost.ai
A plain metal coin tilts beside a snapped steel band / TokenPost.ai

Ether (ETH) short positions worth $10.76 million were liquidated in the hour ending at 6:11 p.m. ET on Nov. 8 (23:11 UTC), the largest share of the $11.74 million TokenPost total.

TokenPost collected and combined public liquidation data from Binance, Bybit and OKX for the one-hour period. The figure covers those three exchanges only and is not a marketwide total.

Long liquidations totaled $980,000, while short liquidations reached $10.76 million. Together, the two categories made up the $11.74 million total. The short side accounted for most of the reported ETH liquidations. Ether is the second-largest crypto asset by market capitalization.

ETH rose from $2,117 to $2,156 during the same one-hour period, a 1.85% increase. The price endpoints and liquidation amounts cover the interval through 6:11 p.m. ET. TokenPost's tally reflects activity on Binance, Bybit and OKX during that window.

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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