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Altcoins & DeFi

Pepe Falls 5.41% in One Hour to $0.00000525 on Binance

Image: TokenPost

Pepe (PEPE) fell 5.41% in one hour to $0.00000525 at 10:57 a.m. ET (15:57 UTC) Tuesday on Binance's spot market, while long liquidations exceeded short liquidations across three exchanges. The PEPE/USDT spot price was $0.00000555 at 9:57 a.m. ET (14:57 UTC). The change compares public quotes collected directly from the same Binance market at the two observation times. At the later snapshot, PEPE was down 1.69% from 24 hours earlier, a smaller decline than its latest one-hour move. Over that same hour, $470,000 in PEPE long positions and $180,000 in short positions were liquidated across Binance, Bybit and OKX. Long positions seek gains from a rising price, while short positions seek gains from a falling price. The liquidation figures cover those three exchanges for the measured hour.

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