Security
Longs Take 86.7% of $1.48B Crypto Liquidations After Binance Hack
COINOTAG·October 30, 2026·1 min read
Longs absorbed 86.7% of $1.48 billion in crypto liquidations after a Binance hack, as 241,918 traders were closed out. The exchange froze $2.5 billion in assets, and the event triggered a sharp market selloff, with leveraged long positions bearing the brunt of the losses.
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