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Ether Falls 2.47% in Four Hours to $2,044 on Binance Spot

ETH was down 3.90% over 24 hours. One-hour liquidations totaled $1.63 million in short positions and $60,000 in long positions.

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A silver token rests at an angle on a charcoal stone plinth / TokenPost.ai
A silver token rests at an angle on a charcoal stone plinth / TokenPost.ai

Ether (ETH) fell 2.47% in the four hours to 2:02 p.m. ET (19:02 UTC) Tuesday, Nov. 10, trading at $2,044 on Binance spot ETH/USDT.

The price was measured from publicly available Binance spot ETH/USDT quotes collected directly at the time. The four-hour comparison was $2,096 at 10:02 a.m. ET (15:02 UTC), four hours before the $2,044 observation. ETH was down 3.90% over the 24 hours through the same snapshot.

Liquidation totals across Binance, Bybit and OKX for the same one-hour window showed $60,000 in long positions and $1.63 million in short positions liquidated. Ether ranked as the second-largest crypto asset by market capitalization, at approximately $247.4 billion.

The price changes compare spot-market quotes over four and 24 hours, while the liquidation tally covers a separate one-hour period. Liquidations are forced closures of leveraged trading positions; the short-side total was larger than the long-side total during that hour.

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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