Ether Drops 6.2% as $265.67 Million in Long Positions Liquidated
Key Facts
Ether price dropped by 6.2% as $265.67 million in long positions were liquidated. TokenPost reported that the decline followed the release of U.S. inflation data for September, which reached 3.7% year-over-year, exceeding the 3.6% expected by economists.
Long bets accounted for 92.1% of the total liquidations in the Ether market over a 24-hour period, while short positions saw only $22.93 million in liquidations. This selling pressure occurred against a backdrop where the Federal Reserve raised its benchmark rate by a quarter point on September 16, 2026, setting a target range of 3.75% to 4%.
Latest Updates · 2
- Notable·
Update: Binance saw over $106 million in Ethereum long positions liquidated within a single hour on October 15, 2026. This volume represents the exchange's largest hourly liquidation of ETH long positions in six months.
- Notable·
Update: Expectations for a Federal Reserve rate hike climbed from 17% to nearly 30% during the week. This shift coincided with more than $106 million in Ether long liquidations on the Binance exchange within a single hour on October 15, 2026.