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Ethereum whale liquidated on $69.7M position but increased holdings to $196M amid market drop

Market News
08 Oct 2026
Tokenpost
View Source
Neutral
Ethereum whale liquidated on $69.7M position but increased holdings to $196M amid market drop

An Ethereum whale was liquidated on a 28,716 ETH position valued at about $69.7 million following a market decline. Despite the forced liquidation, the whale increased its long position to 78,955 ETH, worth roughly $196 million, showing strong confidence in Ether's future price. The whale's remaining positions have liquidation prices around $2,299, indicating significant exposure to further price movements. This activity highlights the risks and potential rewards of large leveraged positions in volatile crypto markets.

An Ethereum whale rebuilt a long position to nearly 79,000 ETH after a $69.7 million liquidation. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 09, 2026 07:21 WIB: out of 50 major cryptocurrencies, 7 rose and 42 fell. Notable movers include CRV at Rp6.094 with a 1-day change of -11.86% and 90% sell order activity, BAL at Rp16.297 with +11.14%, and MANA at Rp1.677 with -10.13% and 89% buy order activity.

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