Approximately $608 million in leveraged crypto positions were forcibly closed on October 7, 2026. Long positions accounted for roughly $545 million of the total, compared to $64 million for shorts. The largest single liquidation involved a $26.64 million position on Binance’s ETHUSDC pair. Between 105,660 and 106,952 accounts were affected, primarily on perpetual futures markets across Binance, Bybit, and OKX.
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