Bitcoin

Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets

CoinDesk·October 30, 2026·1 min read

A selloff in Bitcoin, ether, and XRP wiped out $1.5 billion in leveraged crypto bets. 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.

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