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Ether Shorts See $6.51 Million in Liquidations in One Hour

TokenPost’s tally across Binance, Bybit and OKX totaled $11.5 million; ETH was priced at $2,061 at both ends of the hour, with a reported 0.02% decline.

Mentioned assets
An unmarked faceted token between opposing steel clamps / TokenPost.ai
An unmarked faceted token between opposing steel clamps / TokenPost.ai

Ether (ETH) short positions took $6.51 million in liquidations in the hour ending at 10:32 a.m. ET (15:32 UTC) Nov. 10, within $11.5 million in total liquidations across three exchanges.

TokenPost’s tally used public liquidation data from Binance, Bybit and OKX. The figures cover those three exchanges only, rather than the entire crypto market. Long positions accounted for $4.99 million of the total, leaving short liquidations higher than long liquidations during the same hour.

ETH was priced at $2,061 at the start and end of the period, while the reported change was a 0.02% decline. The price movement was nearly flat even as more value in short positions than long positions was liquidated.

Ether ranked second by market capitalization.

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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