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Ether longs liquidated $24.56M as price drops 1.21% to $2,465 on Oct 12

Technical Signals
12 Oct 2026
Tokenpost
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Bearish
Ether longs liquidated $24.56M as price drops 1.21% to $2,465 on Oct 12

On October 12, Ether (ETH) experienced $24.56 million in long-position liquidations within one hour, coinciding with a 1.21% price decline from $2,496 to $2,465. Total liquidations across three exchanges reached $24.69 million, with short positions accounting for only $130,000, indicating that nearly all forced closures were from long holders. This event highlights volatility in Ethereum's market, the second-largest cryptocurrency by market cap, and may influence trader strategies moving forward.

Ethereum's market cap stands at Rp5.442,61 trillion as of October 13, 2026, 06:21 WIB, with a 24-hour trading volume of Rp218,79 trillion on Pluang. Despite the recent $24.56 million in long liquidations reported, ETH's price on Pluang has declined by 2.74% over the past day to Rp44.044.195. The platform shows a buyer majority at 62%, and typical holding time is 107 days, indicating sustained investor interest despite volatility.

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