Ether Short Liquidations Total $39.37 Million in One Hour

Ether (ETH) short liquidations totaled $39.37 million during the hour through 10:45 a.m. ET (15:45 UTC) Nov. 4, as prices climbed 2.97%. Total liquidations across Binance, Bybit and OKX reached $42.10 million, including $2.73 million in long positions. Ether rose from $2,353 to $2,423 over the same hour, a $70 increase. The short-side amount was about 14 times the long-side total, based on the reported figures. TokenPost directly collected and combined public liquidation data from the three exchanges for this snapshot. The cutoff was 12:45 a.m. Korea time Nov. 5, corresponding to 10:45 a.m. ET (15:45 UTC) Nov. 4.

Source: TokenPost