Approximately $117 million in crypto long positions were liquidated between October 25 and 26, 2026, with broader estimates placing bullish liquidations at $80 million to $106 million. Long positions accounted for 70% to 80% of total liquidations, estimated at $117 million to $133 million, with most forced closures occurring in perpetual futures markets. Binance handled 50% to 66% of the volume, or at least $73 million, followed by Bybit and Gate. Ethereum saw $39 million to $54 million in liquidations and Bitcoin $22 million to $32 million, while the largest individual closure was an approximately $7 million ETH long position on Binance. The liquidations followed minor price declines without any specific catalyst or identified responsible party and remained below previous episodes that exceeded $1 billion.
Source: Read the original article
