Ether Sees $11.35 Million in Short Liquidations Over One Hour

Ether (ETH) saw $11.35 million in short positions liquidated in the hour ending 4:12 a.m. ET Sunday (09:12 UTC), as its price rose 3.31% to $1,840 from $1,781.

The total liquidation value across Binance, Bybit and OKX reached $11.44 million. Short positions accounted for $11.35 million of that amount, while long positions accounted for $90,000. Nearly all of the reported liquidations in the snapshot came from the short side.

The one-hour tally combines public liquidation figures from Binance, Bybit and OKX. The $11.44 million tally applies to Binance, Bybit and OKX only; it is not a marketwide total. The snapshot was taken at 4:12 a.m. ET on Nov. 15.

Over the same interval, ETH gained $59, moving from $1,781 at the beginning of the hour to $1,840 at the end. Ether was the second-largest cryptocurrency by market capitalization. The price move and liquidation figures describe the same one-hour period.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].