Ether traders faced $356 million in liquidations over 24 hours, surpassing bitcoin's $298 million despite ether's smaller market size. The total crypto liquidations reached $1.19 billion, driven by interest rate fears, geopolitical tensions, and AI security concerns. Ether's liquidation rate was about six times higher than bitcoin's relative to market value. Bitcoin briefly dropped below $81,000 but rebounded after President Trump ruled out a strike on Iran before midterm elections, easing bearish pressure. This sell-off highlights the risks of leveraged trading in volatile crypto markets.
The recent crypto liquidation event involving Ether and Bitcoin is context for readers following digital assets. For readers following cryptocurrencies, here is Pluang's market snapshot as of Oct 09, 2026 11:02 WIB: out of 50 major cryptocurrencies priced on Pluang, 14 rose and 35 fell today. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, EOS (EOS.IO) at Rp12.649 with +8.13%, and ADA (Cardano) at Rp4.214 with -7.26% and a Pluang order activity of 53% Sell / 47% Buy.
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