WORLDTECHBitcoin & Crypto DEVELOPING
Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush
First reported Source: CoinDeskLast editorial activity
AI illustrationWhat happened
About $356 million in ETH positions were liquidated over 24 hours, more than bitcoin despite ether’s market value being less than a fifth as large.
Sources & evidence
- CoinDesk Reporting source
Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush ↗
https://www.coindesk.com/markets/2026/10/09/ether-bets-were-wiped-out-at-six-times-bitcoin-s-rate-in-crypto-s-usd1-billion-flush