Ethereum's price decline towards $2,500 has put approximately $1.35 billion in leveraged long positions at risk of liquidation. According to CryptoSlate data, Ethereum has fallen 5.9% in the past 24 hours to $2,570. CoinGlass data shows that $233.36 million in Ethereum positions were liquidated in the past 24 hours, with long positions accounting for $221.87 million. Additionally, on October 6, spot Ethereum ETFs saw a net outflow of approximately $202 million, the largest single-day outflow since September 16, marking six consecutive trading days of net outflows.