Crypto
Ether Dives 1.41% to $2,683 Amid $2.85 Million in Liquidations
Ether (ETH) experienced a sharp decline in value on Thursday morning, dropping 1.41% in one hour to $2,683.
This price drop occurred at 3:28 a.m. ET (07:28 UTC), and the token's value had previously been at $2,721 just an hour earlier.
Ether remained up 0.41% from 24 hours prior to this decline, as measured on Binance's ETH/USDT spot market.
The sharp drop in Ether's value was accompanied by significant long liquidations across major exchanges like Binance, Bybit, and OKX, totaling $2.85 million during the same one-hour period.