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Crypto News Today: BTC, ETH and XRP Selloff Wipes Out $1.5 Billion in Leveraged Bets

Summary by Coin Desk
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.

10 Articles

Security failure at Binance knocked down Bitcoin, Ether and XRP and forced $1.53 billion into liquidations, with 83.8% of positions purchased

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The cost fell by 4.23% per day to $76,000,953.

Reporting the problem on the platform increased pressure on the crypto market

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CryptoPotato broke the news on Friday, October 30, 2026.
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