CryptoMedium•10 November 2026•
1 min read
Ether Drops to $2,057 as Long Liquidations Hit $39.34 Million
Key Facts
1Ether price fell $31 in one hour to reach $2,057.
2Ether long liquidations reached $39.34 million within a single hour during the price drop.
3Short liquidations across Binance, Bybit, and OKX totaled only $1.52 million.
Ether price fell $31 in one hour to reach $2,057 on November 10, 2026. TokenPost reported that the drop was accompanied by $39.34 million in long liquidations within the same hour, resulting in a 2.93% decline over a 24-hour period.
Short liquidations across Binance, Bybit, and OKX totaled only $1.52 million, significantly lower than the long-side liquidations. The cryptocurrency, which holds a market capitalization of approximately $256.08 billion, faced immediate selling pressure from these events and was trading at lower levels on November 10, 2026.