UPDATE: Longs make up 86% of $800M crypto derivatives liquidations
CIE News ·
Long positions accounted for $694 million of the more than $800 million in crypto liquidations over 24 hours, with $595 million cleared within a 12-hour period as Binance handled half of the volume.
Long positions made up 86%, or $694 million, of the more than $800 million in total crypto liquidations over the 24 hours leading into October 14, 2026. A 12-hour surge accounted for $595 million of those forced closures across 10 major exchanges as Bitcoin (BTC) dropped toward intraday lows near $81,000, following an earlier report of broad leverage wipes across the market.
Bitcoin derivatives generated $181 million in liquidations, while Ethereum (ETH) contracts saw $178 million liquidated. Binance processed approximately half of the total liquidation volume across the monitored exchanges.
During the session, BTC traded between $83,266 and $84,000, while ETH reached an intraday low of $2,411.24 before trading near $2,501.97, accompanied by $16.26 billion in total venue trading volume.