Ether Long Liquidations Reach $20.79 Million in One Hour

Ether (ETH) long positions worth $20.79 million were liquidated during a one-hour period ending at 9:55 a.m. ET Nov. 5, as the token fell 1.77% from $2,390 to $2,348. The liquidation total across Binance, Bybit and OKX was $21.82 million. Long positions accounted for $20.79 million, while short positions made up $1.03 million. TokenPost collected and combined the exchanges’ public liquidation data directly for the tally. It covers those three venues only and is not a marketwide total. The measured window was the one-hour period ending Nov. 5. Ether ranked as the second-largest cryptocurrency by market capitalization. Its price moved from $2,390 to $2,348 during that same hour. The combined liquidation figure includes both long and short positions, which the tally separates.

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