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Ethereum drops 2.4% to $1,872 after CPI data; mixed wallet activity signals cautious market.

Market News
14 Aug 2026
Blockonomi
View Source
Neutral
pluang ai news

Ethereum fell 2.4% to $1,872 following the US Consumer Price Index release, which matched expectations and triggered profit-taking. Exchange holdings rose slightly, indicating moderate selling, with small wallets distributing 160K ETH while large holders accumulated 100K ETH. Spot Ethereum ETFs saw strong inflows last week but minor outflows this week. Technical analysis shows critical support at $1,875 and resistance near $1,920-$1,955, with mixed momentum suggesting cautious trading ahead.

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