Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
COINDESK · NEW YORK — 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.
- CODE
- RT-C52920
- PUBLISHER
- CoinDesk
- TOPIC
- Crypto & Blockchain
- PUBLISHED
- 30 October 2026 · 06:22 UTC
- FIRST SEEN
- 30 October 2026 · 06:30 UTC
- ORIGINAL
- https://www.coindesk.com/markets/2026/10/30/bitcoin-ether-and-xrp-selloff-wipes-out-usd1-5-billion-in-leveraged-crypto-bets
- SHA-256
- 4ac7ad7f1f700f1e15db46f7919a89bb9c84d7bf6d952420d794e72f9c4909da
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