ETHV is trading at $37.58 (-4.47%) as ether’s fall below $2,600 and heavy forced selling in leveraged positions pressure prices.

  • Ether long liquidations reached $164.88 million over 24 hours, adding to downward price pressure.
  • U.S. spot Ether ETFs recorded $201.9 million in outflows on October 6, their largest daily outflow since mid-September.
  • Higher oil prices, yields and a stronger dollar also weighed on crypto.