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Ethereum drops below $2,100 amid $462M long liquidations and $365M ETF outflows

Market News
09 Nov 2026, 15:17 WIB
CryptoTicker
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Bearish
Ethereum drops below $2,100 amid $462M long liquidations and $365M ETF outflows

Ethereum fell 5.3% to around $2,119 on November 9, 2026, driven by $462 million in forced long liquidations and $365 million in outflows from US spot ether ETFs. The ETH/BTC ratio hit its lowest since mid-July, signaling ether's relative weakness against Bitcoin. Support levels are seen at $2,100 and $2,000, with resistance at $2,200 and $2,400. Investors are advised to reduce leverage and consider regulated exchanges amid subdued market sentiment and tax considerations in Germany.

On Pluang as of Nov 09, 2026 20:32 WIB, Ethereum trades at Rp38.341.605, down 5.38% over the past day. Bitcoin is priced at Rp1.351.303.567 with a smaller decline of 1.67%. Pluang users show a buying preference for both assets, with 64% buying Ethereum and 63% buying Bitcoin.

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