Ethereum Drops 6% with $106M in Liquidations Following US Inflation Data

Key Facts

1Ethereum price dropped by 6% following the release of US inflation data which triggered a broad sell-off.

2The derivatives market saw $106 million in long positions liquidated as a result of the sharp decline.

Ethereum price dropped by 6% following the release of US inflation data which triggered a broad sell-off across crypto markets. Investing.com reported that the sharp decline resulted in the liquidation of $106 million in long positions within the derivatives market.

The price action on October 15, 2026, followed US Consumer Price Index (CPI) data that reduced hopes for imminent rate cuts. Ethereum experienced bearish momentum as the hotter-than-expected macro data prompted a significant deleveraging event among traders.