FeesSafety
Pluang+

Ether (ETH) drops 2.19% in an hour amid $38.5M long position liquidations on major exchanges

Market News
24 Oct 2026
Tokenpost
View Source
Bearish
Ether (ETH) drops 2.19% in an hour amid $38.5M long position liquidations on major exchanges

Ether (ETH) price fell 2.19% within an hour to $2,294, extending its 24-hour decline to 4.53%, based on Binance spot quotes. During the same hour, liquidations of long positions on Binance, Bybit, and OKX totaled $38.5 million, far exceeding short position liquidations of $200,000. This significant sell-off reflects increased market pressure on Ether, the second-largest cryptocurrency by market capitalization at approximately $286 billion. The decline and liquidations suggest cautious investor sentiment and potential volatility ahead for ETH.

Ether's price drop of 2.19% in one hour to $2,294 provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Oct 24, 2026 22:21 WIB: out of 50 major cryptocurrencies priced on Pluang, only 3 rose while 46 fell. Notable movers include ATOM (Cosmos) down 9.55% with a typical hold time of 61 days, ONE (Harmony) down 9.51% with 97% buy order activity, and AAVE (Aave) down 8.72% with 69% buy order activity.

More News

Canada's Royal Canadian Legion launches 2026 Poppy Campaign with new contactless donations and a commemorative mural.

Canada's Royal Canadian Legion launches 2026 Poppy Campaign with new contactless donations and a commemorative mural.

The Royal Canadian Legion has launched its 2026 National Poppy Campaign introducing a new contactless donation method using smartphones, supported by BMO and Toucan Giving technology. This innovation allows volunteers to collect donations via debit, ...

Others
Bullish
3 hours ago
XBiotech appoints Jan-Paul Simard as Co-CEO alongside Sushma Shivaswamy to strengthen leadership.

XBiotech appoints Jan-Paul Simard as Co-CEO alongside Sushma Shivaswamy to strengthen leadership.

XBiotech Inc. announced the election of Jan-Paul Simard as Co-Chief Executive Officer alongside current CEO Dr. Sushma Shivaswamy, effective October 23, 2026. This leadership change aims to leverage their complementary skills and scientific expertise...

Market News
Bullish
3 hours ago
XBiotech appoints Sushma Shivaswamy and Jan-Paul Simard as co-CEOs to lead antibody therapy development.

XBiotech appoints Sushma Shivaswamy and Jan-Paul Simard as co-CEOs to lead antibody therapy development.

XBiotech Inc. announced the appointment of Sushma Shivaswamy and Jan-Paul Simard as co-chief executive officers, effective October 23, 2026. Shivaswamy, with 17 years at the company, has led scientific operations and was interim CEO since December 20...

Market News
Bullish
3 hours ago
Wallet linked to BitMEX co-founder moves $19M in Ether to Binance, Galaxy Digital, and FalconX

Wallet linked to BitMEX co-founder moves $19M in Ether to Binance, Galaxy Digital, and FalconX

A wallet associated with BitMEX co-founder Arthur Hayes transferred 8,000 Ether (ETH) on October 24, valued at about $19 million at the time. The ETH was split evenly among Binance, Galaxy Digital, and FalconX, each receiving 1,600 ETH worth approxim...

Technical Signals
Neutral
4 hours ago
Starknet's DeFi TVL drops 74% as Extended moves settlement to Circle's Arc

Starknet's DeFi TVL drops 74% as Extended moves settlement to Circle's Arc

Starknet's total value locked (TVL) in decentralized finance fell 73.8% from $157.76 million on Oct. 21 to $41.39 million on Oct. 24, following Extended's settlement migration to Circle's Arc on Oct. 22. The stablecoin market cap also dropped about 7...

Protocol Fundamentals
Bearish
4 hours ago
banner-footerbanner-footer

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