ETH briefly fell below US$2600, and a trader's long position of nearly US$9.85 million was fully liquidated within 3 minutes

According to TradingBeats monitoring data, the ETH price briefly fell below US$2600 on October 7, and the 3728 ETH long positions (approximately US$9.85 million) held by trader 0xcbab were fully liquidated within 3 minutes, resulting in a loss of approximately US$200,000. cited the monitoring results to report the incident.