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Ethereum slips below $2,200 as liquidations and ETF outflows rise

Ethereum fell 4.99% over 24 hours as leveraged positions were liquidated and U.S. spot ETH ETFs recorded $365.2 million in outflows.

Ethereum fell 4.99% over 24 hours as leveraged positions were liquidated and U.S. spot ETH ETFs recorded $365.2 million in outflows. Ethereum (ETH) is trading at ₹1,98,238 ($2,107.85), down 0.7% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Mon, 09 Nov 2026 11:00:01 UTC.

Why it matters

The decline puts additional pressure on leveraged ETH holders while highlighting simultaneous redemptions from U.S. spot Ethereum ETFs. The $2,200 level is the nearest stated resistance for the asset.

Key takeaways
  • ETH traded at $2,121.85, down 4.99% over 24 hours.
  • Crypto.news reported $365.2 million in U.S. spot ETH ETF outflows.
  • Leveraged long liquidations hit traders during the decline.
  • Ethereum remains 7.10% lower over seven days.

Crypto.news reported that Ethereum moved toward $2,100 on November 9, extending a broad decline across the crypto market. The asset traded at $2,121.85 at the time of the supplied market snapshot, down 4.99% over 24 hours and 7.10% over seven days. The report linked the weakness to leveraged long liquidations and $365.2 million in outflows from U.S. spot Ethereum ETFs. Those two developments occurred alongside the price decline, although the available coverage does not provide the size of the liquidations or break down the ETF outflows by fund and date. Crypto.news identified $2,200 as a key resistance level for Ethereum. With the live price below that mark, traders are watching whether ETH can move back above the stated threshold or whether the recent decline continues. The report also noted that leverage was a factor in the move through the liquidation of long positions.

Market data showed that the total crypto market capitalization stood at $2.56 trillion, with the broader market broadly lower. Bitcoin was down 1.62% over 24 hours, while the Fear and Greed index registered 29, placing sentiment in the Fear zone. Ethereum’s market capitalization was $259.3 billion, making its weaker performance notable against an already-declining wider market.

Market reaction since this brief Live

Since this brief published about 4 hours ago, Ethereum (ETH) has moved from ₹1,99,554.66$2,121.85 to ₹1,98,237.99$2,107.85 — -0.66%.

$2,106$2,110$2,115$2,119$2,124 published · $2,122 now · $2,108 (-0.66%) Nov 9 06:54 UTC Nov 9 11:00 UTC
BeforeSince publishPublished · ₹1,99,554.66$2,121.85

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹210,753.38 (about $2,107.85), down 5.6% over 24 hours. The rupee itself trades about 6.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

₹1,98,237.99$2,107.85 ▼ 5.63%
-0.66% since this brief published
7d -8.20%MCap ₹24.23TFull ETH data →
The market when this published · November 9, 2026
Total market cap₹240.32T
Bitcoin 24h-1.62%
Ethereum 24h-4.99%
BTC dominance58.6%
Fear & Greed29 · Fear

Ethereum slips below $2,200 as liquidations and ETF outflows — questions & answers

How far is ETH below $2,200 resistance?

Ethereum traded at $2,121.85, which is $78.15 below the $2,200 resistance identified by Crypto.news.

Did U.S. spot Ethereum ETFs see outflows?

Crypto.news reported $365.2 million in outflows from U.S. spot ETH ETFs.

What is the current crypto market sentiment?

The Fear and Greed index stood at 29, which is within the Fear zone.

How much is 1 Ethereum worth in rupee today?

About ₹210,753.38 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,107.85. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is down 0.66% since this brief first published — trading at ₹1,98,238 ($2,107.85) now versus ₹1,99,555 ($2,121.85) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 9, 2026 ⛓ Timestamped at Bitcoin block #975,153 sha256:dadf0485ed45e895
Based on reporting by Crypto.news — this is an original Token Times summary with live market data, not the original article.Crypto.news · Nov 9 06:54 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.