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Ether price drops 1.77% in one hour with $11.6M long liquidations on major exchanges

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Ether price drops 1.77% in one hour with $11.6M long liquidations on major exchanges

Ether (ETH), the second-largest cryptocurrency by market value, fell sharply by 1.77% within one hour on September 29, dropping from $2,721 to $2,673 as measured on Binance's ETH/USDT spot market. Despite this intraday decline, Ether was still slightly up by 0.11% over the previous 24 hours. During the same hour, long Ether liquidations totaled $11.6 million across major exchanges Binance, Bybit, and OKX, indicating significant leveraged position closures, while short liquidations were minimal at $60,000. This price movement and liquidation activity highlight volatility and risk in Ether trading, especially for leveraged traders.

Ether is trading at Rp48.179.411 on Pluang as of September 29, 2026, 22:51 WIB, showing a modest 0.18% gain over the past day. Despite the recent sharp drop noted in the article, Pluang data indicates a balanced market with 54% of orders to buy and 46% to sell. The typical hold time for Ether on Pluang is 106 days, suggesting a relatively patient investor base amid current volatility.

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