CryptoMedium•15 October 2026•
1 min read
Ethereum Drops 6% as US CPI Data Triggers $106M in Liquidations
Key Facts
1Ethereum price dropped nearly 6% following the release of U.S. CPI data that exceeded expectations.
2The price drop triggered $106 million in ETH long liquidations on the Binance exchange.
3Traders are currently monitoring the $2,300 support level as a key price barrier.
Ethereum price dropped nearly 6% following the release of U.S. CPI data that exceeded market expectations. According to crypto.news, the decline triggered $106 million in ETH long liquidations on the Binance exchange as hotter inflation figures dampened investor appetite for risk assets.
The market reaction followed reports that annual inflation reached 3.7% in September, up from 3.4% in August. Traders are currently monitoring the $2,300 support level as a key price barrier, while U.S. spot Ethereum ETFs recorded approximately $130 million in net outflows on October 14, 2026.