Ethereum trades around $2,500 with a -1.5% 24-hour change, testing this critical support level. A whale on Hyperliquid opened a $60.7 million ETH long position, a trader already showing $29.75 million in profits. Technical levels remain tense: support sits between $2,495 and $2,500, resistance between $2,555 and $2,575, with RSI at 46 and ETH below its 50-day moving average. Spot Ethereum ETFs logged their tenth consecutive day of net outflows, with $85.4 million in outflows on October 12. The U.S. CPI report expected tomorrow could influence the trend, with softer inflation supporting risk assets and a hotter print pressuring them.
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