🔴 FETH is trading 3.7% down in pre-market as Ether briefly fell below $2,600

FETH is trading at $25.83, down 3.7%, as Ether and digital assets face broad selling pressure; no FETH-specific announcement was reported. - Ether briefly fell below $2,600 early October 7; futures liquidations totaled about $176.16 million over the prior 24 hours. - Pre-market context showed ETH down 3.51% and BTC down 2.13%; a report cited $201.9 million in spot Ether ETF outflows October 6, but did not identify FETH as the sole driver.