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Ether (ETH) rises 1.22% to $2,366 amid heavy short liquidations on major exchanges

Market News
28 Oct 2026, 21:40 WIB
Tokenpost
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Bullish
Ether (ETH) rises 1.22% to $2,366 amid heavy short liquidations on major exchanges

Ether (ETH) increased by 1.22% to $2,366 in one hour ending at 2:38 p.m. ET on October 28, outpacing its 24-hour gain of 0.75%. During this period, short liquidations on Binance, Bybit, and OKX totaled $7.27 million, significantly exceeding long liquidations of $60,000. This surge in ETH price and heavy short liquidations indicate strong buying pressure and potential market shifts in the crypto space.

While Ether gained 1.22% in one hour as reported, on Pluang it shows a 1.05% increase over the past day, trading at Rp42.802.078 as of Oct 29, 2026 02:03 WIB. This price level sits within a market cap of Rp5.211,59 trillion and a 24-hour trading volume of Rp145,81 trillion. The platform's order activity leans slightly toward selling at 56%, with investors typically holding ETH for about 108 days, highlighting a balanced but active market.

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