1 min read
Add as a preferred source on Google

Avalanche Falls 5.80% in Four Hours to $7.48 on Binance Spot

AVAX was down 10.46% over 24 hours. A one-hour liquidation tally showed $10,000 in long liquidations and $0 in shorts.

Mentioned assets
An unmarked green token tips down a steep basalt slope / TokenPost.ai
An unmarked green token tips down a steep basalt slope / TokenPost.ai

Avalanche (AVAX) fell 5.80% in four hours to $7.48 at 12:52 p.m. ET Saturday, Nov. 14, on Binance’s AVAX/USDT spot pair.

The $7.94 reading was recorded at 8:52 a.m. ET, four hours before the latest quote. The four-hour percentage compares those two spot observations for the same Binance pair. AVAX was down 10.46% over 24 hours, a broader window that ends with the same latest quote.

The one-hour liquidation tally across Binance, Bybit and OKX was $10,000 in long liquidations and $0 in short liquidations. Long liquidations are forced closures of leveraged positions betting on higher prices; short liquidations are forced closures of positions betting on lower prices. The one-hour tally is separate from the four-hour spot-price change.

Avalanche had a market capitalization of about $3.36587 billion and ranked 25th. The $7.48 figure is a spot quote at one point in time, while the 24-hour percentage measures a longer price interval.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…