Ether (ETH) surged 2.97% within one hour to reach $2,423 on Binance's ETH/USDT spot market, marking a significant short-term gain from $2,353 an hour earlier. Over the past 24 hours, ETH's price increased by 5.53%, reflecting strong buying momentum. During the same hour, short liquidations on Binance, Bybit, and OKX totaled $39.37 million, far exceeding the $2.73 million in long liquidations, indicating a market shift favoring upward price movement. ETH remains the second-largest cryptocurrency by market capitalization, valued at approximately $296.5 billion, highlighting its continued importance in the digital asset market.
Ether's market capitalization stands at approximately $296.5 billion, providing context for its recent price movement. For readers following cryptocurrency, here is Pluang's market snapshot as of Nov 04, 2026 22:22 WIB: out of 50 major cryptocurrencies, 45 rose and 4 fell today. Notable movers include VET (VeChain) with a 1-day change of +5.74% and Pluang order activity showing 99% buy, THETA (Theta Network) up 5.68% with 96% sell activity, and LINK (Chainlink) rising 5.32% with 73% buy activity.
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