CryptoMedium•9 October 2026•
1 min read
Crypto Liquidations Surpass $1 Billion as Selloff Triggers Forced Closures
Key Facts
1Crypto liquidations surpassed $1 billion within 24 hours, affecting more than 180,000 traders.
2Long positions accounted for the majority of losses during the liquidation wave.
3XRP accounted for 2.7% of the total market liquidations.
Crypto liquidations surpassed $1 billion within 24 hours, affecting more than 180,000 traders, TokenPost reported. Long positions accounted for the majority of losses during the liquidation wave, as sustained selloff pressure triggered automated closures of leveraged bets once collateral was exhausted.
XRP accounted for 2.7% of the total market liquidations, indicating a broad-based decline across digital assets. These movements occurred amid high volatility on October 9, 2026, with the largest single forced closure involving an ETH-USD position valued at approximately $19.98 million.