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Ether sees $16.16M liquidations in one hour as price drops from $2,398 to $2,366

Market News
23 Oct 2026
Tokenpost
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Bearish
Ether sees $16.16M liquidations in one hour as price drops from $2,398 to $2,366

Ether (ETH) experienced $16.16 million in liquidations during a one-hour period ending at 12:50 p.m. ET on October 22. Nearly all liquidations, $16.15 million, were from long positions, with only $10,000 from shorts. This data is based on liquidations reported by Binance, Bybit, and OKX exchanges, reflecting a price drop from $2,398 to $2,366. The significant liquidation volume highlights volatility in Ethereum's market within that hour.

Ether liquidations hit $16.16 million in one hour, led almost entirely by long positions, providing context for market volatility. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 23, 2026 14:41 WIB: out of 50 major cryptocurrencies, 24 rose and 25 fell. Notable gainers include BAL at Rp16.297 (+11.14%), EOS at Rp12.649 (+8.13%), and DOT at Rp21.585 (+7.40%) with a strong buy order activity of 89% and typical hold time of 122 days on Pluang.

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