Traders experienced $113 million in short position liquidations over a 24-hour period ending October 5, 2026. The total volume of liquidations across derivatives platforms reached approximately $138 million, with long positions accounting for $25.16 million of that amount.
The market volatility affected 42,225 traders. Bitcoin short positions were the most impacted, totaling $57.07 million in liquidations, which represents about half of all short closures during the observed timeframe.
Data from Coinglass indicates that Binance frequently records the highest liquidation volumes, including the largest single position closure in this event. A similar liquidation wave of $113 million occurred in July 2026, which was linked to a 4.5% increase in the price of Ethereum.
