Ether Long Liquidations Reach $11.04 Million in One Hour

Ether (ETH) saw $11.04 million in long positions liquidated during the hour ending at 3:52 p.m. ET Saturday, while its price fell 0.89% over the same period.

The three-exchange tally totaled $11.06 million in liquidations. Long positions accounted for $11.04 million, compared with $20,000 in short positions, making longs nearly all of the recorded total.

TokenPost directly collected the public liquidation figures from Binance, Bybit and OKX. The total represents activity on those three exchanges only; it is not a marketwide liquidation figure. The one-hour window ended at 3:52 p.m. ET, or 20:52 UTC, on Saturday, Nov. 14.

Ether moved from $1,833 at the start of the hour to $1,817 at the end, a $16 decline. Those price readings cover the same one-hour period as the liquidation tally. Ether was the second-largest crypto asset by market capitalization.