CryptoMedium•15 October 2026•
1 min read
Crypto Market Hits $939M in Liquidations in Largest Wave Since August
Key Facts
1The cryptocurrency market saw $939.30 million in liquidations over 24 hours, the largest wave since August.
2Long positions accounted for approximately 84.3% of total losses, amounting to $791.62 million.
The cryptocurrency market saw $939.30 million in liquidations over a 24-hour period, marking the largest wave of forced closures since August. According to u.today, long positions accounted for approximately 84.3% of the total losses, amounting to $791.62 million as prices for major digital assets declined.
A sharp downward move in prices triggered margin calls and forced liquidations of leveraged positions. High-liquidity altcoins also faced significant pressure, with daily liquidations reaching $12.82 million in XRP, $12.32 million in NEAR Protocol, and $12.18 million in Dogecoin.