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A large Ethereum whale had $69.69M worth of ETH long positions liquidated amid market selloff.

Technical Signals
08 Oct 2026
Tokenpost
View Source
Bearish
A large Ethereum whale had $69.69M worth of ETH long positions liquidated amid market selloff.

During a recent market selloff, a major Ethereum whale had a long position of 28,716 ETH liquidated, valued at approximately $69.69 million. Despite this forced closure, the whale still holds significant long positions worth about $195.57 million, with 78,955 ETH remaining. The liquidation occurred at prices around $2,299.09 and $2,286.28, reflecting the risks of leveraged trading in volatile markets. This event underscores the scale of leveraged exposure among individual Ethereum traders during sharp price movements.

Ethereum is currently trading at Rp44,299,901 on Pluang as of Oct 09, 2026 08:02 WIB, showing a 3.81% decline over the past day. The platform sees a strong buy interest with 71% of orders favoring purchases, despite the recent liquidation of a large whale's long position. This activity highlights ongoing volatility and active trading in Ethereum, which has a market cap of Rp5.425,15 trillion and a 24-hour volume of Rp357,29 trillion on Pluang.

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