Ether Shorts Worth $14.95 Million Were Liquidated in One Hour

Ether (ETH) saw $14.95 million in short positions liquidated during the hour ending at 9:23 p.m. ET Sunday, Oct. 18 (01:23 UTC Oct. 19), as its price rose 0.53% to $2,423.

All $14.95 million in the tally came from short positions, while the recorded long liquidation total was $0. Ether traded at $2,410 at the start of the hour and reached $2,423 by its end, matching the reported 0.53% gain. These figures describe the same 60-minute window ending at the stated timestamp.

The combined $14.95 million total covers those three exchanges only and is not a marketwide figure. The long and short amounts are the position-side breakdown of that exchange sample, rather than separate estimates for the full crypto market.

Ether is the second-largest crypto asset by market capitalization. In this one-hour snapshot, its price finished above its starting level, and all liquidations in the tally were on the short side.