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$8.44M Ether long position liquidated on Binance at $2,637 price

Market News
06 Oct 2026
Tokenpost
View Source
Bearish
$8.44M Ether long position liquidated on Binance at $2,637 price

A single $8.44 million long position in Ether (ETH) was liquidated on Binance's perpetual futures market at 10:01 p.m. ET on October 6, with the liquidation price at $2,637. This event highlights the significant forced closure size in the exchange's futures market. The liquidation involved a long position, which profits from rising ETH prices, but no confirmed reason was given for the liquidation. Such large liquidations can impact market sentiment and price volatility.

The recent liquidation of a large $8.44 million Ethereum long position on Binance underscores the volatility in ETH markets. On Pluang, Ethereum trades at Rp46.914.770 with a 3.02% decline over the past day as of Oct 07, 2026 09:21 WIB. Market activity on Pluang shows a predominance of selling at 75%, while typical holders keep their ETH for about 107 days, indicating cautious sentiment among investors.

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