Ethereum dropped over 8% to around $2,200 on November 6 due to intensified selling pressure from institutional investors withdrawing nearly $100 million from spot ETH ETFs and large leveraged liquidations. The cryptocurrency failed to hold above $2,400 after a brief post-election recovery, raising concerns about the sustainability of institutional demand. Technical support at $2,200 is critical; a break below could lead to further declines toward $2,100 or even $2,000. The selloff coincides with weakness in tech stocks and broader market risk aversion, making Ethereum's near-term recovery uncertain.
Following the recent sharp drop in Ethereum prices, on Pluang ETH is trading at Rp40.166.865 with a 1-day decline of 2.32% as of Nov 06, 2026 23:22 WIB. Market activity shows a strong selling sentiment, with 82% of orders being sell orders and a typical hold time of 108 days among investors. This data highlights ongoing cautiousness among retail traders despite the institutional selloff reported in the news.
XRP Ledger remains the top platform in tokenized commodities for 2026, driven by a $2.2 billion energy contract from the Justoken JMWH fund. This single deal accounts for 89% of the XRP Ledger's tokenized commodities market, far surpassing competitor...
Bitcoin dominated cryptocurrency market movements with $135.22 million in inflows and $44.07 million in outflows over a five-hour period, indicating robust investor interest. Other notable inflows included Ethereum ($87.84M), BETH, and BNB, while sta...
In the latest 24-hour period ending November 6, 2026, major cryptocurrencies BTC, ETH, and SOL experienced net outflows, with BTC seeing the largest at $259.58 million. Conversely, stablecoins USDC and USDT led net inflows, with USDC attracting $302....
As of November 6, Ethereum held $136.55 billion in stablecoins compared to Solana's $14.76 billion, highlighting a significant capital difference between the two networks. Decentralized finance value locked on Ethereum was also much higher at $42.99 ...
A snapshot from November 5 revealed that Binance's Ether (ETH) perpetual futures order book had $3.8777 million more liquidity on the bid side than the ask side, with $52.679 million in bids versus $48.8013 million in asks. This imbalance suggests st...
