Bearish
Ethereum price drops to $2,447 amid increased staking withdrawals and whale liquidation
In the past 24 hours, Ethereum's price has declined to $2,447, influenced by a significant increase in staking withdrawals and a major whale liquidation. The staking exit queue has surged to nearly 800,000 ETH, its highest level in 2026, indicating heightened investor caution. Additionally, a whale on the Hyperliquid platform was liquidated for 28,716 ETH, valued at approximately $69 million, contributing to downward price pressure.
Key points
- Staking Exit Queue Hits 2026 High: The Ethereum staking exit queue has reached its highest level in 2026, with nearly 800,000 ETH awaiting withdrawal, reflecting increased investor caution.
- Major Whale Liquidation: A whale on the Hyperliquid platform was liquidated for 28,716 ETH, valued at approximately $69 million, contributing to downward price pressure.
- Price Decline: Ethereum's price has fallen to $2,447, down 3.45% from the previous close, with an intraday high of $2,575 and a low of $2,444.
Sources
- Ethereum Staking Exit Queue Hits 2026 High With Nearly 800K ETH Waiting to WithdrawBinance News · October 5, 2026
- Ethereum Drops to 14-Week Lows: Can ETH Price Hold $1.8K Support?TradingView News · October 13, 2026
- Ethereum Spadło do 2,42 tys. USD; Likwidacja Wieloryba za 69 mln USDBitcoin News · October 9, 2026
- Ethereum Price Struggles Near $2,200 as Downside Risks GrowCrypto News · February 4, 2026
AI-generated from public news sources. Not financial advice.
