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Binance Hack Triggers $1.5 Billion in Crypto Liquidations as Bitcoin Falls

CoinCentral·October 30, 2026·1 min read
Binance Hack Triggers $1.5 Billion in Crypto Liquidations as Bitcoin Falls

Binance reported a security breach affecting about $6.3 billion in assets and suspended deposits and withdrawals. Over $1.5 billion in leveraged crypto bets were liquidated in 24 hours, with long positions making up 84% and Binance handling nearly half. Bitcoin dipped to about $76,460.

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