Crypto Liquidations Reach $943.5 Million as Market Cap Falls 4.26%

Crypto liquidations across Binance, Bybit and OKX reached $943.5 million over 24 hours as total crypto market capitalization fell 4.26% to $2.64 trillion at 1 a.m. ET Oct. 30.

Bitcoin (BTC) traded at $78,273 at that time, down 2.48% over 24 hours. Crypto market trading volume for the period was $138.70 billion. The broader market's decline exceeded Bitcoin's by 1.78 percentage points.

Bitcoin held 59.3% of total market capitalization, while Ether (ETH) accounted for 10.3%. Ether traded at $2,244, down 3.37%; XRP was $1.25, down 3.35%; BNB fell 4.98% to $717.66; Solana (SOL) dropped 2.86% to $97.32; and Dogecoin (DOGE) declined 2.76% to $0.0762. BNB recorded the steepest decline among these listed major tokens.

Among the top 39 assets, Hyperliquid (HYPE) gained 16.65%, the group's strongest advance. Morpho (MORPHO) fell 8.04%, the largest decline in that group.

Long positions accounted for $799.2 million of the liquidation total, compared with $144.3 million in short positions.