# Longs Took 92% of $256.6 Million in Crypto Liquidations

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/38543
Published: 2026-10-23T01:15:28.000Z
Updated: 2026-10-23T01:15:28.000Z
Section: Investing

> Binance led the exchange totals, while Bitcoin had the largest asset total and the biggest single liquidation.

Crypto liquidations totaled $256.6 million across 54,206 orders in the 24 hours through 8:05 p.m. ET Oct. 22 (00:05 UTC Oct. 23), with leveraged long positions accounting for about 92%. Longs made up $235.5 million, while shorts accounted for $21.1 million.

Binance recorded $181.3 million in liquidations, followed by OKX at $48.8 million and Bybit at $26.5 million. The three exchange totals add up to the period-wide figure.

Bitcoin (BTC) had the largest asset total at $74.2 million, including $71 million in long liquidations and $3.2 million in shorts. Ether (ETH) followed with $52.9 million, split between $48.5 million in longs and $4.4 million in shorts.

Solana (SOL) totaled $11.1 million, including $10.6 million in longs and $516,368 in shorts. Zcash (ZEC) recorded $10.9 million, with $9.3 million in longs and $1.6 million in shorts. SOXL totaled $9.1 million, including $8.7 million in longs and $384,282 in shorts; XAU had $7.8 million, with $7.7 million in longs and $45,903 in shorts. Long liquidations exceeded short liquidations for every listed symbol.

A liquidation is the forced closing of a leveraged position when it no longer meets an exchange’s margin requirements. The largest single liquidation was an $11.8 million BTC long on Binance at 9:42 p.m. ET Oct. 21 (01:42 UTC Oct. 22).