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Ether (ETH) drops nearly 6%, risking $1.35B in leveraged long liquidations

Market News
07 Oct 2026
Tokenpost
View Source
Bearish
Ether (ETH) drops nearly 6%, risking $1.35B in leveraged long liquidations

Ether (ETH) fell nearly 6% to around $2,500 on October 7, putting approximately $1.35 billion in leveraged long positions at risk of liquidation. This sharp decline increased pressure on traders betting on price gains, with over $221 million in long positions already liquidated in the past 24 hours. Total liquidations reached about $233.36 million, predominantly from long positions. The largest single liquidation was a $26.64 million ETHUSDC trade on Binance, highlighting significant market volatility and risk for leveraged traders.

Ether continues to show volatility, trading at Rp45,823,182 on Pluang with a 1-day change of -4.95%. The market remains active with a 24-hour volume of Rp353.03 trillion and a majority of buy orders at 68%. These figures are current as of Oct 08, 2026 01:53 WIB.

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