Ether (ETH) price fell sharply to $2,611 on October 6, down 3.09% within an hour due to heavy liquidations of leveraged long positions. The decline was recorded on Binance’s ETH/USDT spot market and reflected a 3.51% drop compared to the previous day. During the same period, long position liquidations across Binance, Bybit, and OKX totaled $62.44 million, while short liquidations were minimal at $290,000. This significant sell-off highlights increased market volatility and risk for leveraged traders in the crypto space.
Ether price movement is the subject, with Pluang market data providing context. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 07, 2026 09:21 WIB: Out of 50 major cryptocurrencies, 5 rose and 44 fell. Notable movers include BAL at Rp16.297 (+11.14%), AXS at Rp21.181 (-9.25%) with 89% buy order activity, and UNI at Rp147.655 (-8.16%) with 65% buy order activity.
Ether (ETH) traded near $2,610.05 with Binance's perpetual market showing a $9.64 million bid advantage over asks, the largest among major venues. Binance's perpetual book had $71.14 million in bids versus $61.50 million in asks, indicating strong bu...
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