There is a technical issue where it seems that listings are being deactivated after a customer purchase. I had to reactivate about 40 of them.
Oh crumbs, that's a new one!
Contact Etsy and let them know. Do you change the quantity before the last one gets sold? That may be why the listings are deactivating.
No there is a bug in the system for sure
Just had this issue myself. A customer messaged me that an item in the cart was no longer there. I had to manually reactivate it. Etsy has really dropped the ball this week. First, we have the processing times not showing right and now this.