Ether (ETH) experienced $10.5 million in short-position liquidations within one hour ending at 6:26 p.m. ET on October 4, as its price increased by 1.04% from $2,705 to $2,733. These liquidations occurred across Binance, Bybit, and OKX exchanges, with nearly all liquidations being short positions, indicating traders betting on a price decline were forced to close their positions. This event highlights the market's bullish momentum for Ether during that period. No long-position liquidations were reported, suggesting confidence in the price rise among long traders.
Ether's short-position liquidations reached $10.5 million in one hour. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 05, 2026 05:02 WIB: out of 50 major cryptocurrencies, 32 rose and 16 fell. Notable movers include ADA up 4.09%, ATOM up 2.89%, and COMP down 2.80%.
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