PANews reported on October 10 that Coinglass data showed that in the past 24 hours, the cryptocurrency market had a total contract liquidation of $116 million, of which more than $100 million was liquidated, and only $12.09 million was liquidated. By currency, ETH liquidated about $32.6 million, accounting for the largest proportion, and BTC liquidated about $19 million. The largest single liquidation occurred on Binance - ETHBUSD, worth $4.5341 million.

As reported yesterday, Ethereum fell below $1,600 for the first time since September 28.