Ether Rises 1.30% in an Hour to $2,049 on Binance Spot Market

Ether (ETH) rose 1.30% to $2,049 by 1:37 p.m. ET Nov. 10 on Binance’s spot market, as short liquidations across three exchanges reached $1.53 million during the same hour.

Ether was $2,049 on Binance’s ETH/USDT spot market at 1:37 p.m. ET (18:37 UTC) Nov. 10. One hour earlier, the same market showed $2,022 at 12:37 p.m. ET (17:37 UTC). The increase was $27 over the measured hour.

Short liquidations on Binance, Bybit and OKX totaled $1.53 million during that hour, compared with $540,000 in long liquidations. Short liquidations exceeded long liquidations by $990,000.

Ether was still down 3.55% from its level 24 hours before 1:37 p.m. ET. The hourly increase and daily decline compare the price with different reference points: the one-hour figure uses the quote an hour earlier, while the daily figure uses the quote from a full day earlier.