Ether Long Liquidations Reach $21.45 Million in One Hour

Ether (ETH) long liquidations totaled $21.45 million in the hour ending at 2:41 p.m. ET (18:41 UTC) on Oct. 2, while the token’s price fell 0.89%. The figures cover public liquidation data collected and combined from Binance, Bybit and OKX, not the entire market.

Liquidations across the three exchanges totaled $21.58 million. Long positions made up $21.45 million, while short positions accounted for $130,000. The reported amounts are stated as supplied and are not rounded.

Ether traded at $2,681 at the start of the measured hour and $2,657 at its end. The brief identifies Ether as the second-largest cryptocurrency by market capitalization. It provides no confirmed cause for the price decline or liquidations.