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Bitcoin Longs Absorb $403.58 Million Liquidation Flush as Leverage Rebuilds

COINOTAG·October 7, 2026·1 min read
Bitcoin Longs Absorb $403.58 Million Liquidation Flush as Leverage Rebuilds

Bitcoin longs absorbed a $403.58 million liquidation flush on Wednesday, the leveraged market's first real test in weeks. The cleanup stayed far smaller than the October 10 crash it keeps being compared to, and leverage is already rebuilding. Traders are watching whether the market can hold support as positioning resets.

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