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Ethereum trader liquidated $69.69M in ETH during Oct 9 selloff but still holds $195.57M long position.

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Ethereum trader liquidated $69.69M in ETH during Oct 9 selloff but still holds $195.57M long position.

On October 9, an unidentified Ethereum trader faced a liquidation of 28,716 ETH valued at $69.69 million amid a market selloff. Despite this, the trader maintained a larger leveraged long position of 78,955 ETH worth approximately $195.57 million. The liquidation only affected part of the trader's position on the Hyperliquid platform, which allows leveraged crypto trading. Key details like the trader's identity, leverage, collateral, and exact liquidation timing remain undisclosed, highlighting the risks of leveraged crypto positions where losses can be amplified and forced closures triggered if collateral falls below required levels.

Ethereum trades at Rp44.397.233 on Pluang as of Oct 10, 2026 00:32 WIB, showing a 2.65% gain in the last day. The platform sees 71% of orders as buys, indicating strong buying interest. Ethereum's market cap stands at Rp5.439,5 trillion with a 24-hour volume of Rp223,68 trillion, reflecting active trading despite recent liquidations.

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