CryptoMedium•23 October 2026•
1 min read
Ether Long Liquidations Hit $16.16 Million in One Hour
Key Facts
1Ether saw $16.16 million in long liquidations within a single hour.
2The price of Ether dropped from $2,398 to $2,366 during the liquidation period.
3The liquidation data covers only Binance, Bybit, and OKX exchanges.
Ether saw $16.16 million in long liquidations within a single hour, according to a report from TokenPost. The price of Ether dropped from $2,398 to $2,366 during the liquidation period, triggering the closure of leveraged positions.
The liquidation data covers activity on the Binance, Bybit, and OKX exchanges only, with long positions accounting for nearly the entire total. This sharp decline on October 22, 2026, hit stop-losses and margin requirements, creating immediate downward pressure on the asset.