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Ethereum liquidations near $44M as ETH struggles around $2,300 before Fed meeting

Market News
26 Oct 2026, 17:02 WIB
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Bearish
Ethereum liquidations near $44M as ETH struggles around $2,300 before Fed meeting

Ethereum saw about $44 million in leveraged futures liquidations, mostly from long positions, as its price hovered near $2,320 amid uncertainty before the Federal Reserve's policy meeting. The selling pressure threatens the $2,300 support level, with potential further declines toward $2,200 or even $2,000 if the broader crypto market weakens. Institutional demand remains inconsistent, highlighted by recent ETF outflows, and a delayed Ethereum upgrade adds development uncertainty. Recovery above $2,350 could improve outlook, but volatility is expected in the near term.

Ethereum's recent market activity included about $44 million in long liquidations amid price uncertainty near $2,320. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 26, 2026 20:21 WIB: out of 50 major cryptocurrencies, 29 rose and 18 fell. Notable movers include BCH with a 1-day change of +1.92% and Pluang order activity of 81% Sell / 19% Buy, ALGO up +1.89% with 98% Sell / 2% Buy, and EGLD up +1.75% with 0% Sell / 100% Buy. Typical hold times range from 69 to 130 days among these assets.

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