ETH Price Holds $2,400 Amid Rate Hike Odds and Clarity Act Failure
Ethereum (ETH)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Ethereum price is currently trading at $2,400. The asset has seen continued capital inflows over the past few days despite the odds of a 25 bps rate hike in the next Fed meeting reaching 92%. Near-term selling pressure has pushed prices to this level following the failure of the Clarity Act.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 16 September 2026. Not the outlet's figures.
Whalio spot data shows ETH trading at $2,398.26 with a 1-hour buy ratio of 51.3%, indicating a brief shift toward buying pressure compared to the 4-hour ratio of 47.0% and the 24-hour ratio of 43.3%. The 1-hour volume delta is positive at +$593,722, contrasting sharply with the 4-hour delta of -$6,488,652 and the 24-hour delta of -$144,070,014. A positive volume delta means buyers are absorbing more supply than sellers are providing in that timeframe, while a negative delta indicates net selling. The short-term data suggests a temporary stabilization or minor buying interest, but the longer-term trend remains dominated by net outflows.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.8%, making the current 24-hour ratio of 43.3% 5.5 points lower than the weekly norm. This indicates that today is an unusual day for the coin, characterized by weaker buying interest relative to its recent average. Volume has been elevated at 1.33 times the average, with a total volume delta of -$228,696,826 over eight days. The price has declined by 3.5% over this period, confirming that the recent selling pressure has had a tangible impact on the asset's value.