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Ethereum Led Nearly $1 Billion in Crypto Liquidations . Its Traders Never Cut Back Before the Drop .

Over the 24 hours ending October 15, 2026, about $972 million in crypto positions were liquidated, with Ethereum leading at roughly $283 million, ahead of Bitcoin's roughly $196 million. About 92% of liquidations, or around $891.2 million, hit long positions, affecting 182,574 traders. ETH dipped to about $2,325 before recovering to around $2,452, still nearly 50% below its $4,946 peak in August 2025. Open interest held steady at 6.23 million ETH even as prices fell 11%, suggesting leverage was not reduced before the October 14 inflation report. Spot Ether ETFs saw outflows in nearly every October session, leaving little fresh demand to absorb forced selling.

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Original headline: Ethereum Led Nearly $1 Billion in Crypto Liquidations . Its Traders Never Cut Back Before the Drop .

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Related tickers and likely impact

ETH/USDT

▼ Likely negative

Ethereum

Relevance: medium

MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$294.2B
Close on 10/15/20262,442.08
Change that session+0.85%
ETH/USDT price, forecasts and signals →

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