Ethereum (ETH) Slips Below $2,600 Amid Mass Liquidations and Six-Day ETF Outflow Streak

Ethereum Price Drops to $2.6K as ETF Outflows Trigger Liquidations

Key Insights Ethereum price dropped toward $2,600 on Oct. 7 as the recent recovery lost momentum. ETH traded near $2,617 after retreating about 6.7% from its recent $2,806 high. The decline came alongside heavy ETF redemptions and leveraged liquidations. Elevated U.S. Treasury yields also remained a broader risk for cryptocurrency and other non-yielding assets. ETH […]

2,598 dollars and a sixth day of ETF outflows: will Ethereum hold the 2,500 line?

The Ethereum price stands at $2,598.54 on Wednesday morning. That is 3.9 percent below the level of 24 hours earlier, or 2,321.84 euros, down 3.5 percent. The figures come from CoinGecko's price feed on October 7, 2026. The trigger for the move is not new, but it has hardened: the American spot...

Ethereum (ETH) Slips Below $2,600 Amid Mass Liquidations and Six-Day ETF Outflow Streak

Ethereum drops below $2,600 as $400M in long positions get liquidated. Glamsterdam upgrade launches on testnet while ETFs see sixth day of outflows.