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Crypto traders’ 24-hour losses top $1.6 billion

Bitcoin fell to $76,000 on Oct. 30, 2026, before rebounding above $78,000 amid reports of a major Binance hack. The hack was reported, not confirmed in the excerpt.

Crypto futures liquidations exceeded $1.6 billion over 24 hours, according to CoinGlass, with long positions making up 86.2% of the total. Binance had the highest liquidation volume among exchanges, at $823.48 million. The source says Binance set aside more than $6.3 billion to cover losses from the reported hack.

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