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Ether Falls 2.28% in One Hour to $1,792 on Binance Spot Market

One-hour long liquidations totaled $80.34 million across Binance, Bybit and OKX, compared with $360,000 in short liquidations.

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An unmarked silver coin slides along a steep dark surface / TokenPost.ai (macro)
An unmarked silver coin slides along a steep dark surface / TokenPost.ai (macro)

Ether (ETH) fell 2.28% in one hour to $1,792 at 3:57 p.m. ET on Nov. 14, extending its 24-hour decline to 7.97% as long liquidations sharply outpaced short liquidations.

Our spot-market measurement of Binance's ETH/USDT pair at 3:57 p.m. ET put Ether at $1,792, compared with $1,834 at 2:57 p.m. ET. The 2.28% move covers that one-hour comparison, while the 7.97% decline measures the separate 24 hours through the same observation time.

Liquidations across Binance, Bybit and OKX during that hour totaled $80.34 million in long positions and $360,000 in short positions. The combined long total was much larger than the short total. Both liquidation figures cover the same one-hour period as the price comparison.

Ether ranked No. 2 by market capitalization, with an approximate value of $223.12175 billion. That ranking provides a broader measure of the asset's scale, while the $1,792 quote is a point-in-time price from Binance's spot ETH/USDT market.

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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