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Ethereum price drops nearly 6% after US inflation data triggers $106M long liquidations on Binance

Market News
15 Oct 2026, 10:32 WIB
Crypto news
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Bearish
Ethereum price drops nearly 6% after US inflation data triggers $106M long liquidations on Binance

Ethereum's price fell about 6% to around $2,350 on October 15 following stronger-than-expected US inflation data, which caused heavy selling in crypto markets. Over $106 million in leveraged Ethereum long positions were liquidated on Binance within one hour, marking the largest such event in six months. The US Consumer Price Index rose 0.6% in September, higher than forecasts, raising concerns about further Federal Reserve interest rate hikes. This led to increased market volatility, ETF outflows, and a rise in short positions, with traders closely watching support levels near $2,300 for signs of stabilization.

Ethereum is trading at Rp42.484.488 on Pluang, down 5.27% in the last day, showing a significant drop consistent with the recent market turmoil. Binance Coin also fell 2.97% to Rp12.890.283. These figures reflect active market movements as of Oct 15, 2026 14:41 WIB.

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