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Ether Long Liquidations Reach $11 Million in One-Hour Window

Total liquidations reached $11.36 million across Binance, Bybit and OKX as Ether fell 2.51% in the same period.

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Faceted glass token descends along a dark metal slope / TokenPost.ai (macro)
Faceted glass token descends along a dark metal slope / TokenPost.ai (macro)

Ether (ETH) long positions worth $11 million were liquidated in the hour ending at 8:12 p.m. ET Saturday (01:12 UTC Sunday), as the token fell 2.51% from $1,775 to $1,731.

Liquidations across the three exchanges totaled $11.36 million in the hour. Long positions accounted for $11 million of that amount, while shorts accounted for $360,000. Ether's price moved $44 lower over the same window.

The tally combines publicly available liquidation data collected in-house from Binance, Bybit and OKX. It covers those three exchanges only and does not represent the entire market. The combined total includes both long and short positions.

The observation ended at 8:12 p.m. ET Nov. 14 (01:12 UTC Nov. 15). Ether ranks second among cryptocurrencies by market capitalization. The price change and liquidation total cover the same one-hour interval ending at that cutoff.

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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