# Ether Long Liquidations Reach $24.56 Million in One Hour

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30621
Published: 2026-10-12T23:05:06.000Z
Updated: 2026-10-12T23:05:06.000Z
Section: Investing

> The tally covered $24.69 million in total Ether liquidations during the hour ending at 7:04 p.m. ET on Oct. 12, as the asset fell 1.21%.

Ether (ETH) saw $24.56 million in long-position liquidations during the hour ending at 7:04 p.m. ET on Oct. 12 (23:04 UTC), as forced closures accompanied a 1.21% price decline.

Total Ether liquidations reached $24.69 million across three exchanges. Short-position liquidations accounted for $130,000, leaving long positions responsible for nearly all of the total.

Ether traded at $2,496 at the start of the one-hour period and fell to $2,465 by its end. Ether is the asset associated with Ethereum, the second-largest cryptocurrency by market capitalization.