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Ethereum (ETH) Price: Can Buyers Defend $2,300 After a Brutal Liquidation Flush?

CoinCentral·October 16, 2026·1 min read
Ethereum (ETH) Price: Can Buyers Defend $2,300 After a Brutal Liquidation Flush?

Ethereum traded at $2,375, down 1.93% on the day, after September CPI came in at 3.7% against 3.6% expected. About $292 million in ETH positions were liquidated in 24 hours, with 92% longs. Ethereum spot ETFs saw a $129.5 million net outflow on October 14, while a whale's $92.17 million long faced pressure.

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