History/2026-10-25

history · daily digest

Crypto liquidations, Sunday, October 25, 2026

$674.6M of leveraged positions were force-closed across 9 exchanges on this day, a long-side cascade.

liquidated (24h)
$674.6M
events
54,328
longs wiped
$595.8M
shorts wiped
$78.9M
long 88%short 12%

Hourly intensity (UTC)

Liquidated volume per hour, stacked by side. Hover a bar for exact values.

00:00 UTC06:00 UTC12:00 UTC18:00 UTC24:00 UTC
above line, short liquidations (forced buys) below line, long liquidations (forced sells)hover a bar for exact values

What happened on 2026-10-25

54,328 liquidation events were recorded on this day, totalling $674.6M. The day was overwhelmingly long-side: 88% of the volume came from forced sellers, marking a leveraged-long flush, the classic signature of a downside cascade.

BTC bore the brunt: $472.8M across 1,652 events , 70% of the day's total. ETH followed with $78.8M. The single largest wipe of the day: a long BTC_USDT position worth $204.6M on gate at 21:25 UTC.

Data on this page is not an estimate: every event was recorded from the exchange engines in real time on the day it happened. Coverage: gate, okx, binance, bybit, bitget, hyperliquid, htx, aster, lighter. Vendors quoting different totals for the same day are reconstructing, extrapolating or double-counting, see the liquidation cascade entry in our dictionary.

Most liquidated coins, 2026-10-25

1BTC1,652 events$472.8M
2ETH2,239 events$78.8M
3ZEC1,201 events$53.3M
4YFI5 events$5.6M
5BNB122 events$4.4M
6APR6,901 events$4.3M
7JCT4,762 events$3.3M
8SOL620 events$3.2M
9XAU78 events$3.2M
10WLD676 events$3.0M

Biggest single wipes, 2026-10-25

LONGBTC_USDTgate21:25 UTC$204.6M
LONGBTC_USDTgate21:25 UTC$133.8M
LONGBTCUSD_PERPbinance09:18 UTC$12.9M
LONGZEC-USDT-SWAPokx06:51 UTC$11.9M
LONGBTC_USDTgate20:20 UTC$10.0M

By exchange, 2026-10-25