CryptoMediumUpdated•Originally published 15 October 2026•Updated 15 October 2026•
1 min read
Nearly $1 Billion in Crypto Liquidations as Bitcoin and Ether Slide
Key Facts
1Nearly $1 billion in crypto bets were liquidated as bitcoin, ether, and XRP prices declined.
2Ether accounted for nearly 60% of forced closures across the two largest cryptocurrencies.
Nearly $1 billion in crypto bets were liquidated as Bitcoin BTC, Ether ETH, and XRP prices declined. CoinDesk reported that long positions accounted for 91.6% of total liquidations, with Ether recording $283.1 million in forced closures and Bitcoin seeing $196 million.
Major cryptocurrency prices trended lower on October 15, 2026, with Ether experiencing a percentage drop nearly twice that of Bitcoin. These price movements triggered automatic liquidations by exchanges for traders who no longer held sufficient collateral to maintain their positions, further exacerbating the market decline.