Over $600M in Crypto Positions Wiped Out in One: Market event

TL;DR: Over $600 million in cryptocurrency derivatives positions were liquidated within an hour this October 29, 2026. On-chain analysts and market reports tracked abnormal outflows from exchange-linked wallets ranging between $5.57 billion and approximately $5.84 billion. Analytics firms and stablecoin issuers began monitoring addresses after recording massive transfers to unidentified external wallets. Fears over a ... Read more

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Sources

• https://crypto-economy.com/over-600m-in-crypto-positions-wiped-out-in-one-hour-amid-binance-hack-fears/

Record history

First seen: 2026-10-30T00:06:37.000Z. Last updated: 2026-10-30T06:22:16.289Z. Revision: 2.