Over $876M in long positions liquidated from crypto market in 24 hours

Bitcoin and Ethereum led a wave of forced closures as leveraged bulls ran out of margin across Binance, Hyperliquid, and Bybit Over $876 million in long crypto positions was wiped out in the past 24 hours. Traders who bet on prices going up got a very expensive lesson in gravity. The flush hit on October 15, 2026, and it landed almost entirely on one side of the trade. Bulls carrying leverage were the ones forced out, while short sellers mostly watched from a safe distance. The headline number is roughly $876 million in long positions closed over a single day.

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