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Ether long liquidations hit $109M as price drops nearly 3% in one hour on major exchanges

Market News
08 Oct 2026
Tokenpost
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Bearish
Ether long liquidations hit $109M as price drops nearly 3% in one hour on major exchanges

Ether (ETH) long-position liquidations surged to $109.24 million within an hour on Oct. 8, coinciding with a 2.90% price drop from $2,508 to $2,435. Total liquidations across Binance, Bybit, and OKX reached $111.43 million, with short liquidations making up $2.19 million. This sharp movement highlights increased volatility and selling pressure on the second-largest cryptocurrency by market cap. The data only reflects activity on these three exchanges and not the entire market.

Ether long liquidations reached $109.24 million in one hour. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 08, 2026 23:31 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include LINK at Rp222.366 with a -7.45% change, UNI at Rp130.398 with a -7.39% change, and SOL at Rp1.944.007 with a -7.05% change.

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