Ethereum Classic (ETC) drops over 7% in four hours, hitting $7.79 on Binance.

Ethereum Classic (ETC) experienced a sharp decline of 7.26% within four hours, falling from $8.40 to $7.79 on Binance's ETC/USDT spot market as of October 8. This extended its 24-hour loss to 6.59%. The drop triggered $90,000 in liquidations of long positions across Binance, Bybit, and OKX, while no short positions were liquidated. ETC is currently ranked 69th by market capitalization at about $1.24 billion, indicating a notable market movement that investors should watch closely.

Ethereum Classic (ETC) is trading at Rp139.717 on Pluang as of October 9, 2026, 00:43 WIB, showing a 1-day decline of 6.11%, which aligns closely with the article's reported drop. Its market cap stands at Rp22.21 trillion, with a 24-hour trading volume of Rp1.04 trillion. Compared to its circulating supply of 158.7 million ETC (76% of the max supply), Pluang users show a strong buy interest at 75%, holding their positions for an average of 67 days, highlighting active engagement despite recent price drops.