# Ether Falls More Than 6% and Touches $2,093 as Week Begins

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/52192
Published: 2026-11-09T09:45:57.000Z
Updated: 2026-11-09T09:45:57.000Z
Section: Investing

> Leveraged Ether positions were liquidated after U.S. spot Ether funds recorded $365.2 million in net outflows during the previous trading week.

Ether (ETH) dropped more than 6% over 24 hours and touched $2,093.15 early Monday, as leveraged positions were liquidated following a week of U.S. spot fund outflows.

The $2,093.15 price was an intraday low. Separate readings across Nov. 8 and 9 put ETH between $2,093 and $2,136, with 24-hour declines ranging from about 4.4% to 6.5% depending on the venue and observation time.

About $449 million to $462 million in Ether-linked positions were liquidated over 24 hours. Long positions accounted for roughly $425 million of that total, making up most of the forced closures.

U.S. spot Ether exchange-traded funds recorded $365.2 million in net outflows over the five trading days from Nov. 2 through Nov. 6. Roughly $93 million left on Nov. 6, before Monday’s price decline.

Ether ended the previous week below its 200-day moving average for the first time since mid-August. Bitcoin (BTC) also declined in separate market snapshots, trading between $74,000 and $75,000 while down about 1% to 2%.