# Crypto Liquidations Reach $209.9 Million as Longs Account for 64% of Total

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/33889
Published: 2026-10-17T09:28:12.000Z
Updated: 2026-10-17T09:28:12.000Z
Section: Investing

> The period included 45,978 orders. Binance led exchange totals at $148.2 million.

Crypto traders faced $209.9 million in forced liquidations over the 24-hour period through 8 p.m. ET Oct. 16 (00:00 UTC Oct. 17), with long positions representing 64% of the total.

The 45,978 orders included $135.1 million in long liquidations and $74.8 million in short liquidations. Long positions accounted for nearly two-thirds of the amount liquidated.

Binance recorded $148.2 million in liquidations. OKX followed with $41.9 million, while Bybit had $19.8 million. The three exchange totals add up to the full $209.9 million.

Ether (ETH) led the listed assets at $58.4 million, including $32.1 million in long liquidations and $26.3 million in short liquidations. Bitcoin (BTC) followed at $50.9 million, split between $29.6 million in longs and $21.3 million in shorts.

Solana (SOL) recorded $10.7 million, with $8.4 million in long liquidations and $2.3 million in shorts. Zcash (ZEC) totaled $10.2 million, including $7.5 million in longs and $2.7 million in shorts. SOXL had $5.4 million in liquidations, comprising $4.9 million in longs and $491,601 in shorts. XRP reached $4.8 million, with $4.3 million in longs and $517,960 in shorts.

The largest single liquidation was a $7.4 million ETH short position on Binance at 7:13 a.m. ET (11:13 UTC) Oct. 16.

An exchange liquidates a leveraged position when the trader no longer has enough margin to keep it open. The figures cover liquidations on Binance, OKX and Bybit.