Ether Drops 2.75% in Four Hours to $2,355 as Long Liquidations Lead

Ether (ETH) fell 2.75% over four hours to $2,355 at 11:47 p.m. ET Oct. 14 (03:47 UTC Oct. 15) in the Binance ETH/USDT spot market. The reading was $67 lower than the $2,422 price recorded four hours earlier. During the same one-hour window, liquidation totals across Binance, Bybit and OKX included $3.64 million in long positions and $1.15 million in short positions. Long liquidations exceeded short liquidations by $2.49 million. The one-hour tally covers a shorter period than the four-hour price comparison. Ether ranked second among crypto assets by market capitalization, at about $288.18527 billion.

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