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Ether drops 6.2% amid $265M long position liquidations after CPI inflation rise

Market News
15 Oct 2026
Tokenpost
View Source
Bearish
Ether drops 6.2% amid $265M long position liquidations after CPI inflation rise

Ether (ETH) fell 6.2% to $2,351.63 following the September consumer price index (CPI) report showing inflation rose to 3.7% annually, higher than expected. Over $265 million in ETH long positions were liquidated in the past 24 hours, reflecting market reaction to inflation data and Federal Reserve rate hikes. The Fed recently raised rates to 3.75%-4%, with the next policy meeting set for late October, keeping investors cautious about future moves.

Ether's recent price drop is set against a broader market trend on Pluang. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 15, 2026 13:01 WIB: out of 50 major cryptocurrencies, 44 fell and 5 rose. Notable moves include AXS down 12.33%, FIL down 11.23%, and BAL up 11.14%.

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