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ETH · DAILY MOVE · 2026-10-22

Why did Ethereum drop 3.4% on October 22, 2026?

On October 22, 2026 (UTC), ETH went from about $2,474.15 to $2,389.29 (-3.43%) on OKX · USDT, trading between $2,360.34 and $2,482.47. For the closed-hour 24h window: ETH largely moved with the market. ETH fell further than this on 3 of the past 29 days. ETH reports received that day (1 shown): “Ethereum developers postpone Glamsterdam upgrade on Hoodi testnet”. Timing alone does not show what caused the move.

Day open / close
$2,474.15 → $2,389.2924 hourly candles, OKX · USDT
Day range
$2,360.34 – $2,482.475.2% from low to high
Versus Bitcoin
-3.43% / BTC -3.19%+0.3 pts left after BTC × its hourly beta 1.18
Versus the past month
3 of the past 29 days fell furtherClosed-hour 24h move -3.43%, 3.7× its prior 30-day median of 0.9%.
30-day range
14.3% below the high · 3.1% above the lowFrom hourly highs and lows on the same venue
Other tracked coins
15 of 16 moved the same way1 moved the other way
24h volume
1.1×of its prior 30-day daily average
Perpetual swap
funding positive · open interest risingOKX perpetual swap ETH-USDT-SWAP

Computed from OKX · USDT hourly candles for the 24 hours to 23/10/2026, 00:00 UTC.

Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. Methods →

ETH reports on October 22, 2026