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Ether Falls 3.23% in One Hour to $1,929 on Binance Spot Market

The 24-hour decline reached 6.08%, while liquidations across Binance, Bybit and OKX were concentrated in long positions.

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A silver token tilts along a dark red slope / TokenPost.ai
A silver token tilts along a dark red slope / TokenPost.ai

Ether (ETH) fell 3.23% in the hour to $1,929 on Binance’s ETH/USDT spot market at 10:56 p.m. ET Nov. 12 (03:56 UTC Nov. 13), down from $1,993 at 9:56 p.m. ET.

The 24-hour change was a 6.08% decline, putting the hourly move inside a wider daily drop. Ether ranked No. 2 by market capitalization, with a valuation of about $239.10842 billion.

Across Binance, Bybit and OKX, liquidations over the same hour totaled $52.33 million in long positions and $690,000 in shorts. Long positions accounted for $52.33 million of liquidations, compared with $690,000 in shorts.

Liquidations are forced closures of trading positions. The 3.23% move uses the two Binance spot observations, while the liquidation total combines data from the three exchanges over the same hourly interval.

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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