Ethereum price falls 6% due to CPI data; over $106 million in long positions were liquidated
2026-10-15 15:34:20
CoinMeta data: On October 15th, Ethereum prices fell by nearly 6% due to U.S. inflation data exceeding expectations, now trading at around $2,350. According to a report by analyst Darkfost from CryptoQuant, over $106 million in long positions in Ethereum were liquidated on Binance, marking the largest hourly liquidation event in six months. This liquidation occurred on Wednesday following the release of the Consumer Price Index (CPI), which showed that U.S. inflation accelerated in September. CPI rose 0.6% month-on-month, higher than August's 0.4% and market expectations of 0.5%.
Source:Cryptonews
This content is for market information only and does not constitute investment advice.
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