254,045 crypto traders liquidated in 24 hours as $1.67 billion in positions wiped out

Long positions made up about 86% of the damage as Bitcoin and Ethereum led a broad derivatives flush tracked by CoinGlass More than a quarter of a million crypto traders had their positions forcibly closed in a single day. Liquidations hit 254,045 traders over the past 24 hours, according to data tracked by CoinGlass. The total value of the positions wiped out came to approximately $1.67 billion. The flush came on October 30, 2026, across the major derivatives venues. It landed alongside a reported security breach at Binance, which the exchange estimated affected around $6.3 billion in assets.