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Ether (ETH) price drops over 4% amid $20M long position liquidations

Market News
12 Oct 2026
Tokenpost
View Source
Bearish
Ether (ETH) price drops over 4% amid $20M long position liquidations

Ether (ETH) fell 4.27% within four hours to $2,418, continuing a 4.70% decline over 24 hours. The price drop triggered $20.15 million in long position liquidations across major exchanges Binance, Bybit, and OKX. This decline reflects market volatility for the second-largest cryptocurrency by market cap, valued at around $298.6 billion. Investors should watch for further price movements and potential liquidation events.

While Ether dropped 4.27% in four hours as reported, on Pluang it shows a similar 4.44% decline as of Oct 13, 2026 07:21 WIB, trading at Rp43.308.143. This places ETH well within its recent volatility range, with a market cap of Rp5.365,29 trillion and a 24-hour volume of Rp234,54 trillion. Pluang users currently lean more towards buying ETH, with 62% buy orders versus 38% sell, holding their positions for an average of 107 days.

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