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ETH futures on Hyperliquid face over $20M in liquidations near $2,397 price level

Technical Signals
20 Oct 2026
Tokenpost
View Source
Neutral
ETH futures on Hyperliquid face over $20M in liquidations near $2,397 price level

Ether (ETH) futures traders on Hyperliquid are at risk of more than $20 million in liquidations within 2% of the $2,397 price mark, with total potential liquidations reaching about $87.5 million within 5%. Most leveraged positions use 20-25x leverage, increasing the risk of forced reductions if prices move against traders. One large short position was partially liquidated multiple times but remains exposed to at least $10 million. These figures highlight the volatility and risk in leveraged ETH futures trading on this platform.

Ether futures face significant liquidation risks on Hyperliquid, while on Pluang, ETH trades at Rp43,240,672 with a slight 0.37% decline over the past day. The market shows a balanced interest with 57% sell orders and 43% buy orders, and investors typically hold ETH for about 107 days. This data snapshot is as of Oct 20, 2026, 20:51 WIB.

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