Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets

CoinDeskOctober 30, 2026 · 6:34 AM2 min read

Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.

Originally published on CoinDesk

Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.

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