CryptoMedium•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.