TokenPost's three-exchange tally showed $12.28 million in total Ether liquidations as the price rose 1.10% to $2,536.
The liquidation occurred at $2,528 in OKX's ETH perpetual futures market at 11:40 a.m. ET (15:40 UTC) on Oct. 11.
Ethereum co-founder Vitalik Buterin has urged holders not to rush digital-wallet migrations, even as he treats faster AI-driven mathematical research as a genuine risk to the cryptography that secures wallets and chains.
Ethereum's long-running split between its base layer and its rollups took a concrete step toward closing on October 5, 2026, when Eduardo Antuña Díez, a core contributor to the Ethereum Economic Zone (EEZ), published evidence of an atomic Layer 1 to Layer 2 transaction settled
Adam Back claims to have warned Ethereum's early developers against an architecture he considered flawed. However, no easily verifiable public evidence establishes that he sent them a specific warning about the now criticized account model before the network's launch.
Two wallets allegedly moved ETH quotes while holding much larger leveraged positions on Papertrade. The claims remain unverified.
The surge in Bitfinex ETH longs suggests heightened market optimism, but it also raises the risk of a long squeeze if prices decline. Bitfinex ETH longs climb to their highest level in over four years.
The funds were valued at about $7.45 million after moving through 14 addresses and a cross-chain route involving NEAR Intents and ZEC.
The funds were split across 14 addresses before moving through NEAR Intents and into the Zcash network.
AI's role in Ethereum's development could redefine blockchain innovation timelines, but it also heightens the need for robust security measures. Vitalik Buterin says AI could accelerate Ethereum's roadmap by decades.
Ether reached $2,501 at 4:43 a.m. ET (08:43 UTC) Sunday after trading at $2,500 15 minutes earlier.
Papertrade faces price manipulation allegations after two wallets reportedly used $20M ETH trades on Hyperliquid to affect large positions.