Ethereum (ETH) fell about 5% due to rising U.S. Treasury yields, a stronger dollar, and weaker risk appetite, pushing crypto markets down. The derivatives market remains heavily exposed with open interest above $33 billion, and around $165 million in ETH long positions were liquidated as the price approached the $2,500-$2,550 support zone. This crowded long positioning risks accelerating further declines if the support breaks, as forced liquidations add selling pressure. Institutional demand is also weakening, with U.S. spot Ethereum ETFs seeing $160.9 million in net outflows recently, totaling $506 million over five days—the largest since January. The short-term outlook is cautious as selling pressure mounts and key support is tested.
Ethereum's market cap stands at Rp5.548,02 trillion with a 24-hour trading volume of Rp265,41 trillion on Pluang as of Oct 08, 2026 18:43 WIB. Despite the recent sell-off noted in the article, ETH's price on Pluang shows a more moderate 1.37% decline over the past day. Pluang users currently show a buying preference with 68% buy orders, suggesting ongoing interest even as the market tests key support levels.
A crypto whale holds a massive $252 million long position in Ethereum, with liquidation prices near $2,445. Another trader has $26.5 million in leveraged shorts across major tokens, showing $586,000 unrealized profit. Meanwhile, tokenization of finan...
Ether (ETH) traded near $2,570 after U.S. spot Ether ETFs experienced $160.9 million in net outflows on Oct. 7, adding pressure to an already weak market. BlackRock's ETHA led withdrawals with $116.1 million, followed by Grayscale's ETHE with $25.8 m...
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Bitcoin fell to around $82,300 before recovering slightly, down about 4% from recent highs, as Ethereum researcher Justin Drake warned of AI potentially breaking wallet cryptography soon, urging a shift to new addresses. Vitalik Buterin acknowledged ...
A crypto trader known as 0xdd6a has established a massive $26.5 million short position with 20x leverage across major cryptocurrencies including Bitcoin, Ethereum, Solana, Dogecoin, and XRP. The trader is currently profiting from recent price decline...
