Update
Crypto Liquidations Hit $12.5 Billion in October 2026
In October 2026, crypto liquidations reached a total of $12.5 billion, with long positions accounting for $9.213 billion of the wipeouts. The market downturn, driven by Bitcoin trading between $76,000 and $84,000, led to significant losses for traders who bet on rising prices. The worst single day saw nearly $1.67 billion in liquidations, with 86% of those losses coming from long positions. Binance, Bybit, OKX, and Hyperliquid were among the exchanges with the highest trading volume, with Binance accounting for roughly half of the total trading volume.