Ethereum (ETH) experienced $15 million in liquidations within one hour ending at 11:52 p.m. ET on September 28, as its price dropped 1.16% from $2,690 to $2,658. Most liquidations were from long positions, totaling $14.71 million, while short positions accounted for $290,000. These liquidations were recorded across major exchanges Binance, Bybit, and OKX. This event highlights the volatility in the crypto market and the risks traders face during price declines.
Ethereum's recent surge in long liquidations is notable, with $14.71 million liquidated in one hour as of late September 28. For readers following the broader crypto market, here is Pluang's snapshot as of Sep 28, 2026 21:27 WIB: out of 50 major cryptocurrencies, 10 rose and 39 fell. Notable movers include COTI down 12.11% at Rp233 with a typical hold time of 120 days, GRT up 11.91% at Rp562 with 87% sell order activity, and BAL up 11.14% at Rp16.297 with a typical hold time of 85 days.
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