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$1.53B in crypto long positions liquidated as BTC, ETH, XRP prices fall in 24 hours

30 Oct 2026, 09:28 WIB
Tokenpost
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Bearish
$1.53B in crypto long positions liquidated as BTC, ETH, XRP prices fall in 24 hours

About $1.53 billion in leveraged cryptocurrency positions were liquidated over a 24-hour period, mostly long bets expecting price rises. The liquidations included roughly $1.29 billion in long positions, which are forced closed when prices drop and collateral fails. This forced selling reflects significant market pressure on Bitcoin, Ether, and XRP, highlighting volatility and risk in leveraged crypto trading. The exact timing of the 24-hour window was not specified, but the data shows a major wave of forced trade closures across derivatives platforms.

As of Oct 30, 2026 13:41 WIB, Bitcoin and XRP are both down 2.48% on Pluang, with Bitcoin priced at Rp1.424.011.000 and XRP at Rp22.990. The market shows a strong sell sentiment for Bitcoin at 60% sell orders, while XRP has more buyers at 65%. This aligns with the reported large-scale liquidations of leveraged positions, emphasizing ongoing volatility in these cryptocurrencies.

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