NewsSignals AI analysis·Shaurya Malwa·Oct 30, 2026

Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets

Grade Sbearish AI signal$BTC$ETH$SOL$XRP$DOGE

A massive crypto selloff triggered $1.53 billion in leveraged liquidations over 24 hours, with forced closures overwhelmingly hitting traders betting on higher prices. Bitcoin and ether accounted for approximately $857 million in liquidations, while Binance recorded $754.6 million following its security breach, which reportedly affected $6.3 billion in assets. Continued long liquidations could intensify downside pressure, although a short squeeze during the rebound may accelerate a recovery.

Bullish strength: 20/100

Short liquidations accelerated during the rebound, reaching 95% of liquidations in the latest hour.
Short covering could generate additional buying pressure.

Bearish strength: 80/100

$1.53 billion in leveraged positions were liquidated over 24 hours.
Long positions accounted for 83.8% of total liquidations.
Bitcoin fell to approximately $76,460.
The Binance security breach reportedly affected $6.3 billion in assets.
Forced long closures generated additional selling pressure.
Bitcoin and ether accounted for approximately $857 million in liquidations.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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