Investment
Features
FeesSafety
Academy
More
Pluang+

Ether jumps 8.3% as $255M in short positions liquidate, sparking a major crypto short squeeze

Market News
11 Sep 2026
Crypto Briefing
View Source
Bullish
Ether jumps 8.3% as $255M in short positions liquidate, sparking a major crypto short squeeze

Ether surged 8.3% to over $2,600 on September 11 after more than $255 million in short positions were liquidated within 24 hours, with $188 million wiped out in just one hour. This massive short squeeze was triggered by hotter-than-expected US inflation data, forcing bearish traders to cover losses and driving prices sharply higher. Bitcoin also saw $172 million in short liquidations but gained less than 4%. The event highlights how macroeconomic data can rapidly shift crypto market positioning and trigger leveraged liquidations, especially for Ether, which showed more aggressive bearish bets ahead of the data release.

More News (ETH)

Ethereum (ETH) dips below $2,400, trading at the key threshold on Binance spot market.

Ethereum (ETH) dips below $2,400, trading at the key threshold on Binance spot market.

Ethereum (ETH), the second-largest cryptocurrency, briefly fell below $2,400 before stabilizing at that level on October 19. The price was recorded at $2,400 on Binance's spot market, down 0.72% from an hour earlier and slightly lower than $2,410 rec...

Market News
Bearish
8 hours ago
Ethereum weakens against Bitcoin, hitting a three-month low in ETH/BTC ratio despite stable dollar price.

Ethereum weakens against Bitcoin, hitting a three-month low in ETH/BTC ratio despite stable dollar price.

The ETH/BTC ratio, which measures Ethereum's value relative to Bitcoin, has declined by over 10% since mid-September, reaching a three-month low near 0.0289. While Ethereum's dollar price remains stable around $2,400, its performance against Bitcoin ...

Market News
Bearish
9 hours ago
Shiba Inu joins Japan's elite Green List alongside Bitcoin and Ethereum, easing regulatory hurdles.

Shiba Inu joins Japan's elite Green List alongside Bitcoin and Ethereum, easing regulatory hurdles.

Japan's Virtual and Crypto Assets Exchange Association (JVCEA) has added Shiba Inu (SHIB) to its Green List, placing it alongside major cryptocurrencies like Bitcoin and Ethereum. This Green List is a pre-approved roster that simplifies regulatory pr...

Market News
Bullish
10 hours ago
BNB Chain's tokenized stock market cap jumps $239M, leading blockchain equities race.

BNB Chain's tokenized stock market cap jumps $239M, leading blockchain equities race.

BNB Chain's tokenized stock market cap rose by $239.3 million in one week, reaching about $1.5 billion by mid-October 2026. This growth solidifies BNB Chain's lead over Ethereum and Solana in the tokenized stock market, which has grown over 830% year...

Protocol Fundamentals
Bullish
10 hours ago
Ripple (XRP) rises 2.3% after strong support bounce, eyes $1.55 recovery if resistance breaks

Ripple (XRP) rises 2.3% after strong support bounce, eyes $1.55 recovery if resistance breaks

Ripple (XRP) increased by 2.3% after bouncing off a key support level at $1.26, signaling a potential trend reversal if it breaks above $1.31. Trading volumes surged nearly 56%, showing strong buying interest. However, XRP has underperformed compared...

Market News
Neutral
11 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App