ETH briefly fell below $2,600, and a trader's long position worth nearly $9.85 million was fully liquidated within 3 minutes.

BlockBeats news, October 7th, according to TradingBeats monitoring, ETH briefly fell below $2,600, and trader 0xcbab's long position of 3,728 ETH (worth approximately $9.85 million) was fully liquidated within 3 minutes, with a loss of nearly $200,000.