Ether (ETH) has fallen about 15% over nearly three weeks, resulting in a loss of approximately $54 billion in market value amid a broader downturn in the altcoin market. Binance's ETH open interest dropped by $1.3 billion (around 20%) to $5.7 billion, while total ETH open interest across the market fell to $11.5 billion. This decline reflects falling prices, cascading liquidations, and traders closing positions to reduce risk. Previously, Ether experienced a similar open-interest contraction in July but later recovered, gaining over 32% and briefly surpassing $2,800.
Ether's recent market value decline provides context for cryptocurrency trends on Pluang. For readers following crypto markets, here is Pluang's snapshot as of Oct 25, 2026 17:21 WIB: out of 50 major cryptocurrencies priced, 7 rose and 42 fell today. Notable movers include ENJ (Enjin Coin) at Rp442 with a 1-day change of -4.79% and Pluang order activity showing 100% Sell, VET (VeChain) at Rp121 down 4.53% with 68% Sell activity, and SAND (The Sandbox) at Rp870 down 4.50% with 55% Sell activity. Typical hold times range from 105 to 148 days among these assets.
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