Ether Drops 1.64% in One Hour to $2,358 on Binance Spot

Ether (ETH) fell 1.64% in one hour to $2,358 on Binance’s ETH/USDT spot market at 6:55 p.m. ET (22:55 UTC) Friday. Binance’s ETH/USDT quote was $2,398 an hour earlier, a $40 decrease. Over the preceding 24 hours, Ether was down 1.14%. Across Binance, Bybit and OKX, $22.4 million in long positions and $0 in short positions were liquidated during the hour. Ether’s market capitalization was about $290.81 billion, ranking it second among crypto assets. The price reading is from Binance spot, while the liquidation tally combines three exchanges; both cover the same hour but measure different activity.