EL7.AI
CryptoMediumUpdated×2•Originally published 7 October 2026•Updated 8 October 2026•
1 min read

Ethereum Slide Risks $1.35B in Long Liquidations

Key Facts

1Ethereum price fell by 6% toward the $2,500 level, putting leveraged long positions at risk.
2Estimated long positions at risk of liquidation total $1.35 billion, compared to $999.78 million for shorts.

Ethereum price fell by 6% toward the $2,500 level. CryptoSlate reported that this decline puts leveraged long positions at immediate risk of liquidation.

Estimated long positions at risk of liquidation total $1.35 billion, significantly outweighing the $999.78 million held in short positions. This downward pressure follows a breach of critical technical thresholds for leveraged traders.

Latest Updates · 2

  1. Notable·

    Update: Bitmine announced plans to halt its Ethereum (ETH) purchases as the firm nears its strategic supply target of 5%. This pause in institutional accumulation adds further pressure to price action amid the ongoing liquidation risks.

  2. Notable·

    Update: US spot Ethereum ETH ETFs recorded their seventh consecutive day of outflows on October 8, 2026. This selling pressure coincides with rising US Treasury yields and escalating tensions between the United States and Iran.