Ether Long Positions Worth $27.24 Million Liquidated in One Hour

Ether (ETH), the second-largest crypto asset by market capitalization, saw $27.24 million in long positions liquidated during the hour ending at 6:05 p.m. ET Saturday (22:05 UTC), while the token fell 1.61% to $2,384. TokenPost’s tally uses public liquidation data collected directly from Binance, Bybit and OKX. The three-exchange total was $27.76 million for the same one-hour window. Long positions accounted for $27.24 million of that amount, and short positions made up $520,000. The combined figure includes both long and short liquidations. It covers the three exchanges only, not the entire crypto market.

Source: TokenPost