Crypto derivatives liquidations reach $834 million as Bitcoin slides
CIE News ·
Based on reporting by Investing.com; not yet independently confirmed.
Crypto liquidations totaled between $781 million and $834 million over 24 hours as Bitcoin broke below $80,000, triggering heavy losses on leveraged long positions.
Crypto derivatives markets recorded between $781 million and $834 million in liquidations over a 24-hour window heading into October 25, 2026, according to KuCoin and altcoinbuzz.io. The wave of forced unwinds was heavily skewed toward bullish positions, with altcoinbuzz.io reporting that long contracts accounted for $701.14 million of the total after Bitcoin (BTC) dropped under $80,000 to trade near $79,624.
KuCoin attributed $250 million in liquidated positions to Bitcoin and $231 million to Ethereum (ETH), alongside $33.06 million in Solana (SOL) and $10.03 million in Ripple (XRP). CoinGlass data cited by altcoinbuzz.io showed that over 219,000 traders experienced liquidations, with roughly $429.6 million wiped out during a single four-hour interval as the price decline accelerated.
The single largest individual liquidation occurred on Binance on an ETHUSDT long position valued at $11.85 million. altcoinbuzz.io noted that the market drop coincided with about $773.5 million in estimated net outflows across two sessions from US spot Bitcoin exchange-traded funds.
Key facts
- $781M to $834M liquidated
- $701.14M in long positions wiped
- BTC fell below $80,000
- $11.85M largest single wipeout
Read the original at Investing.com