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Ethereum (ETH) Price: ETH Falls Below $2,600 as Long Liquidations Hit 4-Month High

By Trader Edge at 2026-11-07 08:25

Sentiment: Negative

TLDR Ethereum (ETH) dropped below $2,600 on October 7, falling 5.67% in a single day. Long liquidations hit $201 million, the highest since June 5. ETH is testing its 100-week EMA near $2,561, a level analysts say is critical. Ethereum ETFs saw $252 million in weekly outflows, the largest since June. Geopolitical tension near the [...] The post Ethereum (ETH) Price: ETH Falls Below $2,600 as Long Liquidations Hit 4-Month High appeared first on CoinCentral. Continue reading...

Categories: Analysis

Tags: #Analysis

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