Crypto liquidations totaled $12.5 billion in October 2026, with long positions accounting for $9.213 billion and short positions for $3.29 billion. Leveraged traders whose bets moved against them faced automatic closures as market movements wiped out their collateral. On October 30, nearly $1.67 billion in positions were liquidated, 86% of them longs, as Bitcoin fell toward $76,400. Binance, Bybit, OKX and Hyperliquid led activity, with Binance alone representing roughly half of trading volume. A security incident estimated at $6.3 billion was reported at Binance around October 30, coinciding with the market downturn and the month’s heaviest liquidation day.
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