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Ethereum (ETH) Price: Glamsterdam Upgrade Hits Testnet as $400 Million in Longs Get Wiped Out
CoinCentral·October 7, 2026·1 min read
Ethereum trades near $2,617 after slipping under $2,600. The Glamsterdam upgrade launched on Sepolia testnet Tuesday. Ethereum ETFs saw six straight days of net outflows totaling $207 million. Over $400 million in long positions were liquidated within 20 minutes. Analysts see possible drop to $2,400-$2,600.
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