Ether drops about 5% and trades near $2,120 as $343M in ETH positions get liquidated
Ether slid about 5% over 24 hours, changing hands near $2,120 late Sunday. An earlier snapshot of the selloff showed $343 million in Ether liquidations and $229 million in Bitcoin liquidations, a combined $572 million. Ether carried the heavier load, though the numbers track timing, not cause.
- Original source: tokenpost.com.
- The source published it on Nov 8, 2026 at 11:24 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
Ether was trading near $2,120 at 5:40 p.m. ET on Sunday, down roughly 5% from 24 hours earlier. The drop came as a wave of leveraged positions got flushed out across the two biggest crypto assets.
According to a market snapshot taken 19 minutes earlier, at 5:21 p.m. ET, the prior 24 hours had logged $343 million in Ether liquidations. Bitcoin accounted for $229 million over the same window. Stacked together, the two assets produced $572 million in listed liquidation totals.
Ether's liquidation figure ran $114 million higher than Bitcoin's, making it nearly 50% larger. That put Ether at the center of the forced-selling wave rather than on the sidelines.
At the time of that 5:21 p.m. ET snapshot, Ether was priced at $2,132.80 after dipping as low as $2,063.29. The later $2,120 reading came from a different price source, so the two observations aren't a clean apples-to-apples comparison.
Worth keeping straight: the $343 million liquidation tally covers the 24 hours ending at 5:21 p.m. ET, while the $2,120 quote is from 5:40 p.m. ET. Both snapshots were recorded on Sunday, Nov. 8.
The figures pin down what happened and when it happened. They don't prove the liquidations drove the price lower, or the other way around, and the source reporting the tallies made no such claim.
TopicsEther · Ethereum · ETH · Bitcoin · BTC
Source: tokenpost.com
Written by Paparazzi with AI. Not financial advice.