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CryptoMediumUpdated•Originally published 15 October 2026•Updated 15 October 2026•
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Ethereum Sees $242M Liquidations in Largest Event in Six Months

Key Facts

1Ethereum experienced $242 million in liquidations within 24 hours, marking the largest such event in six months.
2Long positions accounted for over 92% of liquidations, with $157 million wiped out on Binance alone.

Ethereum experienced $242 million in liquidations within 24 hours, marking the largest such event in six months. Cryptopolitan reported that long positions accounted for over 92% of these liquidations, with $157 million wiped out on the Binance exchange alone.

The massive liquidation event followed a rapid price decline that triggered a cascade of forced exits for leveraged traders. This deleveraging was heavily concentrated on major exchanges during the October 15, 2026, session, following a period of heightened market volatility.

Latest Updates · 1

  1. Notable·

    Update: The decline in Ethereum's price coincided with the release of hotter-than-expected US inflation data on October 15, 2026. This macro catalyst intensified selling pressure, pushing the price to trade below key technical support levels alongside the broader liquidation event.

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