A leveraged long position of 3,728 Ether (ETH), valued at $9.85 million, was fully liquidated within three minutes after Ether's price dropped below $2,600. This rapid liquidation highlights the risks of leveraged trading, where a sharp price decline can automatically close positions if collateral is insufficient. The event underscores the volatility in the crypto derivatives market and the importance of managing risk in leveraged trades.
As of Oct 07, 2026 09:21 WIB, a leveraged Ether long position worth $9.85 million was fully liquidated in three minutes. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 09:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 5 rose and 44 fell today. Notable movers include ENJ (Enjin Coin) at Rp549 with a 1-day change of -7.81%, MANA (Decentraland) at Rp1.749 with -7.75%, and EGLD (MultiversX) at Rp74.792 with -7.50%.
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