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Ether long liquidations hit $11.88M as ETH price drops 1.29% in one hour

Market News
29 Sep 2026
Tokenpost
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Bearish
Ether long liquidations hit $11.88M as ETH price drops 1.29% in one hour

Ether (ETH), the second-largest cryptocurrency, saw long liquidations totaling $11.88 million in the hour ending at 11:33 a.m. ET on September 29, coinciding with a 1.29% price decline from $2,718 to $2,683. Total liquidations during this period reached $11.95 million, with short liquidations contributing only $60,000. These figures are based on liquidation data from Binance, Bybit, and OKX, highlighting significant selling pressure on long positions in ETH within a short timeframe. This drop reflects market volatility and may influence trader strategies going forward.

Ether long liquidations reached $11.88 million in one hour on September 29. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 29, 2026 22:51 WIB: out of 50 major cryptocurrencies, 38 rose and 11 fell. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, AVAX (Avalanche) at Rp202.606 up 9.47% with a 73% sell order activity, and EOS (EOS.IO) at Rp12.649 rising 8.13%.

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