Ether (ETH) Falls 1.69% in One Hour to $2,038 on Binance

Ether (ETH) fell 1.69% in the hour to $2,038 by 6:15 p.m. ET on Nov. 11 (23:15 UTC), measured against Binance spot ETH/USDT prices at both ends of the hour.

The earlier spot quote was $2,073, making the drop $35 from the comparison point. The 1.69% move is the change between those two hourly observations. The 24-hour figure measures a different window: ETH was down 0.55% for the 24 hours ending at the same time.

Liquidations across Binance, Bybit and OKX totaled $12.48 million during the same hour. The total included $12.39 million in long positions and $90,000 in short positions. Long liquidations therefore accounted for nearly all the reported amount, while short liquidations made up the remainder.

Ether ranked second among crypto assets by market capitalization, at about $253.08047 billion. The price comparison uses Binance spot ETH/USDT at both ends of its one-hour window, while the liquidation figures combine totals from Binance, Bybit and OKX.