Binance Sees $106M in ETH Long Liquidations Amid Market Turmoil
A surge in Ethereum long liquidations on Binance coincides with a sharp market downturn following hot U.S. inflation data.
A surge in Ethereum long liquidations on Binance coincides with a sharp market downturn following hot U.S. inflation data. Ethereum (ETH) is trading at $2,368.62, down 0.2% since this brief published. This is an original Token Times brief synthesising 2 outlets (Coinfomania, Crypto.news), with their figures cross-checked, plus live market data, as of Thu, 15 Oct 2026 09:32:52 UTC.
This significant liquidation event highlights the impact of macroeconomic data on crypto markets and the vulnerability of leveraged positions during high volatility periods.
- Binance recorded $106M in ETH long liquidations in one hour.
- Ethereum price dropped nearly 6% following the liquidations.
- Traders are now focused on the $2,300 support level.
Coinfomania and Crypto.news both report that Binance experienced $106 million in Ethereum long liquidations within a one-hour period, marking the highest such event in six months. While both outlets attribute the surge to inflationary pressures and market volatility, Crypto.news specifically links it to the release of hot U.S. CPI data and highlights the subsequent price drop and focus on the $2,300 support level.
Binance, one of the world's largest cryptocurrency exchanges, saw over $106 million in 
Ethereum long liquidations within a single hour. This event, the largest in six months, was reported by both Coinfomania and Crypto.news.
The liquidations coincided with a sharp downturn in the cryptocurrency market, particularly for Ethereum. According to Crypto.news, Ethereum's price dropped nearly 6% following the release of hotter-than-expected U.S. inflation data, which likely triggered the liquidation cascade.
The data from both outlets corroborates the $106 million figure, but Crypto.news provides additional context by linking the event to the U.S. CPI data and noting the subsequent market focus on the $2,300 support level for Ethereum.
This liquidation event underscores the sensitivity of the cryptocurrency market to macroeconomic indicators. The high level of leveraged positions in the market makes it particularly vulnerable to sudden price movements, especially in times of economic uncertainty.
As of the latest data, Ethereum is trading at $2,372.34, representing a 24-hour decline of 5.28% and a 7-day drop of 7.67%. The total cryptocurrency market cap stands at $2.79 trillion, with 
Bitcoin also experiencing a 24-hour decline of 2.55%.
Since this brief published about 2 hours ago, Ethereum (ETH) has moved from ₹2,25,971.91$2,372.34 to ₹2,25,617.57$2,368.62 — -0.16%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Ethereum reach $2,600 in October?
Crowd-implied probability on Polymarket, ₹5.97M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 15 09:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 ETH ≈ ₹246,336.48 (about $2,368.62), down 5.2% over 24 hours. The rupee itself trades about 9.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Binance Sees $106M in ETH Long Liquidations Amid Market Turm — questions & answers
What triggered the ETH long liquidations on Binance?
The liquidations were triggered by a combination of hot U.S. CPI data and subsequent market volatility.
How much was liquidated in ETH on Binance?
Binance saw $106 million in Ethereum long liquidations in one hour.
What is the current support level for Ethereum?
Traders are currently focused on the $2,300 support level for Ethereum.
How much is 1 Ethereum worth in rupee today?
About ₹246,336.48 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,368.62. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is down 0.16% since this brief first published — trading at $2,368.62 now versus $2,372.34 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania, Crypto.news, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.