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Ethereum ETFs see largest outflow in 3 weeks, ETH price dips below $2,600 amid weakening demand.

Market News
07 Oct 2026
BeInCrypto
View Source
Bearish
Ethereum ETFs see largest outflow in 3 weeks, ETH price dips below $2,600 amid weakening demand.

Ethereum (ETH) exchange-traded funds (ETFs) experienced their biggest outflow in three weeks on October 6, with $201.9 million withdrawn, marking the sixth consecutive day of outflows totaling $407.8 million since September 29. Despite initial price resilience, ETH fell below $2,600, triggering $164.88 million in long position liquidations. Analyst Ted Pillows suggests ETH may retest its recent lows between $2,547 and $2,565 before any significant upward move. Meanwhile, Bitcoin ETFs saw inflows, highlighting a divergence in investor interest. The weakening demand is also reflected in bearish social sentiment and increasing ETH validator exits, raising concerns about ETH's near-term price support.

As of Oct 07, 2026 15:41 WIB, Ethereum trades at Rp46.718.281 on Pluang, down 3.65% over the past day, reflecting ongoing pressure consistent with recent ETF outflows. Market activity shows a strong sell bias with 75% of orders to sell and a typical hold time of 107 days, indicating cautious investor sentiment. Bitcoin, meanwhile, trades at Rp1.502.117.131, down 2.07%, with a more balanced order activity at 53% sell and 47% buy. The notable figure is Ethereum's 3.65% decline as of the latest data point.

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