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Ether Liquidations Reach $16.16 Million in One Hour, Led by Longs

Ether Liquidations Reach $16.16 Million in One Hour, Led by Longs

Photo: TokenPost

Ether (ETH) recorded $16.16 million in liquidations during the hour ending at 12:50 p.m. ET (16:50 UTC) Oct. 22. Long positions accounted for $16.15 million of the total, while short positions made up $10,000. The tally combines public liquidation data collected from Binance, Bybit and OKX. It includes activity across those three exchanges only, rather than a marketwide total. The reported amount is the combined value for the same one-hour interval. Ether's price fell from $2,398 to $2,366 over that hour. The split shows $16.15 million on the long side and $10,000 on the short side.

Source: TokenPost

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