Approximately $270 million in positions were liquidated from the crypto market over the past 24 hours, with long positions bearing the brunt at 63% of total liquidations. Platforms Binance, Bybit, OKX, Hyperliquid and Gate.io witnessed these forced closures, the largest single liquidation reaching $4.6 million on the ETHUSDT pair. More than 70,000 traders were affected by these mandatory closures, in a context where bitcoin oscillates between $75,000 and $87,000, a range wide enough to eliminate overleveraged positions. This $270 million figure remains modest compared to daily liquidations recorded in September 2026, ranging between $351 million and $690 million. No particular macroeconomic event triggered this wave, which reflects routine market mechanics where a significant portion of participants trade with borrowed capital.
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