Bearish
Ethereum (ETH) drops 6.2% to $2,351 amid $265M in long liquidations
Over the past 24 hours, Ethereum's price declined by 6.2% to $2,351, influenced by a combination of factors. The release of hotter-than-expected U.S. inflation data led to a broad risk-off sentiment, impacting cryptocurrencies like Ethereum. Additionally, significant long liquidations totaling $265 million intensified the downward pressure on ETH.
Key points
- Ethereum's price fell 6.2% to $2,351, with $265 million in long liquidations.
- Hotter-than-expected U.S. inflation data triggered a risk-off sentiment, affecting Ethereum.
- Exchange-traded funds (ETFs) backed by Ethereum experienced net outflows of approximately $695 million in October.
- Ethereum's price is testing the $2,350–$2,400 support area after an 11% decline from October 4 to October 14.
Sources
- Ethereum Price Drops 6.2% as ETH Long Liquidations Hit $265M After Hot US CPICryptoTimes · October 15, 2026
- Ethereum (ETHUSD) Is down 2.62% on Oct 15: What Do On-Chain Data and Market Sentiment Show?TradingKey · October 15, 2026
- Ethereum ETF Outflows Reach $695M as Exchange Supply ClimbsTradingNews24 · October 15, 2026
- Ethereum Tests $2,350 Support as $8.71B Short-Liquidation Exposure BuildsTradingNews24 · October 15, 2026
AI-generated from public news sources. Not financial advice.
