Binance ETH Long Liquidations Reportedly Top $106 Million…
By Karthik Subramanian
AI summary of the source article
More than $106 million in Ethereum long positions were liquidated on Binance in about one hour on October 15 as prices declined toward $2,300. Over 24 hours, Binance recorded approximately $131.32 million in Ethereum long liquidations.
Why it matters
Large liquidation events can temporarily reduce outstanding leverage, alter funding rates and increase volatility as market participants rebuild positions.
Key facts
- Over $106 million in Ether long positions were liquidated on Binance within approximately one hour.
- Binance recorded about $131.32 million in Ethereum long liquidations versus $5.56 million in short liquidations over a 24-hour window.
- Ethereum fell from above $2,400 toward $2,300 amid heavy bullish account positioning.
Source excerpt · FinanceFeeds
Ethereum traders suffered a sharp wave of liquidations on Binance during the early hours of October 15, 2026, as falling cryptocurrency prices triggered forced closures of leveraged long positions. Market reports indicated that more than $106 million in Ether long positions were liquidated within approximately one hour, potentially marking one of the exchange's largest hourly liquidation events in…