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Ethereum price drops 2.6% as $350M worth of ETH leaves exchanges amid Fed rate hike anticipation.

Market News
15 Sep 2026
Tokenpost
View Source
Neutral
Ethereum price drops 2.6% as $350M worth of ETH leaves exchanges amid Fed rate hike anticipation.

Ethereum's price fell 2.6% to around $2,446 as investors awaited the Federal Reserve's interest rate decision, with an 80% chance of a 25-basis-point hike. Despite the price drop, about 140,000 ETH ($350 million) was withdrawn from exchanges in 96 hours, reducing selling supply and potentially supporting the price. Institutional demand is rising, with $121 million inflows into Ethereum ETFs and strong bullish derivatives positioning. However, technical indicators show vulnerability, with a risk of further decline to $2,200 if selling pressure continues.

Ethereum trades at Rp42,564,892 on Pluang, down 5.19% as of Sep 16, 2026 02:51 WIB, showing a steeper decline than the article's 2.6% drop. The market cap stands at Rp5,225.71 trillion with a 24-hour trading volume of Rp322.78 trillion. Pluang order activity leans towards selling at 58%, while the typical hold time is 106 days, indicating cautious investor behavior amid ongoing volatility.

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