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Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Shaurya Malwa
Source published: 09/10/2026, 04:04:36 UTC
Briefing created: 25/10/2026, 05:00:48 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 09/10/2026, 04:10:24 UTC.
Briefings
In October 2026, approximately $356 million in Ethereum (ETH) positions were liquidated within 24 hours, surpassing Bitcoin's liquidation volume. This occurred during a market event where Ether's market value was less than one-fifth of Bitcoin's, indicating a significant divergence in market sentiment and volatility between the two assets.
Key points
- Over 24 hours in October 2026, approximately $356 million in Ethereum positions were liquidated, exceeding Bitcoin's liquidation volume.
- Ether's market value at the time was less than one-fifth of Bitcoin's value, suggesting a sharp divergence in market sentiment and volatility.
Context
This event highlights a critical divergence in the crypto market where Ethereum experienced significantly higher liquidation pressure than Bitcoin during a specific 24-hour period in October 2026.
Limitations
The evidence covers only a single 24-hour window in October 2026, limiting the ability to assess long-term trends or the full scope of market volatility. The specific market conditions and reasons for the divergence remain unexplained.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 25/10/2026, 05:00:48 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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