Sentiment: Negative
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Binance Hack Triggers $1.5 Billion in Crypto Liquidations as Bitcoin Falls
By Trader Edge at 2026-10-30 03:58
Sentiment: Negative
TLDR Binance reported a security breach affecting about $6.3 billion in assets, and suspended deposits and withdrawals. More than $1.5 billion in leveraged crypto bets were forcibly closed in 24 hours, per CoinGlass. Long positions made up about 84% of the liquidations, and Binance handled nearly half the total. Bitcoin dipped to about $76,460 before [...] The post Binance Hack Triggers $1.5 Billion in Crypto Liquidations as Bitcoin Falls appeared first on CoinCentral. Continue reading...
Categories: Analysis
Tags: #Analysis #Bitcoin #News
Source Coin Central