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Major Ether whale liquidated 28,716 ETH but still holds leveraged 78,955 ETH long position worth $196M

Market News
08 Oct 2026
Tokenpost
View Source
Neutral
Major Ether whale liquidated 28,716 ETH but still holds leveraged 78,955 ETH long position worth $196M

A large Ether (ETH) whale was liquidated for 28,716 ETH, valued at about $69.69 million, during a market downturn. Despite this, the whale maintains a leveraged long position of 78,955 ETH, exposing roughly $196 million to the asset. The remaining position has new liquidation prices set at $2,299.09 and $2,286.28, indicating potential risk if the market falls further. This partial liquidation reduces some risk but leaves a significant leveraged exposure open, highlighting ongoing volatility in the ETH market.

A crypto whale liquidated 28,716 ETH amid ongoing market volatility. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 09, 2026 07:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable movers include EOS (Rp12.649, +8.13%, typical hold time 87 days), XTZ (Rp5.172, -7.08%, typical hold time 100 days, 0% Sell / 100% Buy order activity), and AXS (Rp20.640, -6.47%, typical hold time 62 days, 82% Sell / 18% Buy order activity).

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