Ether (ETH) price fell 2.14% to $2,413 on Binance within four hours on October 16, marking a sharper decline than the 1.24% drop over the past 24 hours. The token's market capitalization stands at approximately $295.36 billion, ranking it second in the crypto market. During this period, $7.61 million worth of ETH positions were liquidated across Binance, Bybit, and OKX, with long positions accounting for nearly 99% of the liquidations, indicating significant selling pressure on bullish bets. This suggests increased volatility and caution for investors holding long ETH positions.
Ether (ETH) has a market capitalization of approximately $295.36 billion, providing context for its recent price movement. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 17, 2026 10:31 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell today. Notable performers include ADA (Cardano) down 3.00% at Rp4.016 with 86% buy order activity, UNI (Uniswap) down 2.86% at Rp130.432 with 66% buy order activity, and XRP (Ripple) down 2.72% at Rp23.420 with 57% sell order activity.
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