Ether Short Liquidations Reach $11.28 Million in One Hour

Ether (ETH) saw $11.28 million in short-position liquidations during the hour ending at 4:23 a.m. ET (08:23 UTC) on Sept. 29, as the asset rose 0.74% from $2,710 to $2,730.

Short liquidations accounted for the entire total, while long liquidations totaled $0 million. The figures cover public liquidation data from Binance, Bybit and OKX.

The tally is limited to those three exchanges and does not represent total liquidations across the broader market. Ether is the second-largest cryptocurrency by market capitalization.