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CryptoMediumUpdated×2•Originally published 15 October 2026•Updated 15 October 2026•
1 min read

Ether Drops Below $2,400 as Crypto Longs See $860M in Liquidations

Key Facts

1Ether price dropped by over 5% within 24 hours, falling below the $2,400 level.
2The crypto market saw $860 million in long positions liquidated over a 24-hour period.
3Bitcoin price retreated to the $80,000 level amid the broader market selloff.

Ether price dropped by over 5% within a 24-hour period, falling below the $2,400 level. TokenPost reported that the crypto market saw $860 million in long positions liquidated over a single day, intensifying the downward pressure across digital assets.

Bitcoin price retreated to the $80,000 level amid the broader market selloff, which followed a period of hawkish Federal Reserve outlook pressure on risk assets. Market sentiment also shifted, with a key gauge falling to 53, moving from a "greed" reading to "neutral" as prices weakened.

Latest Updates · 2

  1. Notable·

    Update: The market decline showed significant breadth as 80 out of 89 large digital assets moved lower. This collective downward pressure resulted in a 22.24% drop for the Bitway index, highlighting the systemic nature of the current selloff.

  2. Notable·

    Update: Hotter-than-expected September CPI data triggered $483 million in bitcoin and ether futures liquidations. Ether accounted for $286 million of that total, following the release of the inflation figures.