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

Source: coinDesk October 29, 2026 · 23:22
Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
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Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
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CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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