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Avalanche Rises 4.31% in an Hour to $7.09 on Binance Spot

AVAX remained down 12.27% over 24 hours as liquidations across Binance, Bybit and OKX totaled $100,000 in the hour.

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A red metal token tilts upward over a dark stone surface / TokenPost.ai
A red metal token tilts upward over a dark stone surface / TokenPost.ai

Avalanche (AVAX) was at $7.09 on Binance spot AVAX/USDT at 9:42 p.m. ET Nov. 14 (02:42 UTC Nov. 15), up 4.31% over the prior hour.

The same spot pair was at $6.80 one hour earlier, a $0.29 increase over the interval. Across the 24 hours ending with that observation, AVAX was down 12.27%. The one-hour gain and 24-hour decline use different comparison points, so the shorter move had not erased the broader daily loss.

Liquidations across Binance, Bybit and OKX during the same hour totaled $100,000. Long liquidations were $90,000, while short liquidations were $10,000. Long liquidations therefore exceeded short liquidations by $80,000 and made up most of the measured total.

Avalanche ranked 25th by market capitalization at about $3.1732 billion. The snapshot pairs an hourly rebound with a negative 24-hour return, while the same-hour liquidation tally was weighted toward long positions.

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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