Crypto Liquidations on October 23, 2026
$430.9M in leveraged crypto positions was liquidated on October 23, 2026 (UTC), across 149,461 individual events - longs took most of the damage - the pain came on the way down. Measured directly from MarginPad's multi-exchange liquidation feed.
The biggest liquidation of the day
A single IRYS short worth $4.3M was force-closed on bybit at 19:23 UTC, with the price at $0.563028. The median liquidation that day was just $227 and 95% of events were under $8K - liquidation pain is always concentrated in a handful of oversized positions.
When it happened
The heaviest hour was 22:00-23:00 UTC with $139.8M liquidated - liquidation cascades cluster, they don't spread evenly.
By coin
| Coin | Liquidated | Events | Side split |
|---|---|---|---|
| 1. BTC | $78.0M | 5,483 | 88% long |
| 2. ETH | $67.6M | 4,506 | 65% long |
| 3. IRYS | $49.6M | 29,034 | 13% long |
| 4. XAG | $22.9M | 793 | 97% long |
| 5. XAU | $15.2M | 1,360 | 99% long |
| 6. ZEC | $11.4M | 2,416 | 75% long |
| 7. SOL | $9.9M | 1,656 | 89% long |
| 8. SNDK | $8.8M | 1,431 | 74% long |
| 9. CL | $8.0M | 816 | 1% long |
| 10. BZ | $7.9M | 563 | 1% long |
By exchange
| Exchange | Liquidated | Events |
|---|---|---|
| binance | $225.6M | 70,662 |
| bybit | $63.7M | 39,640 |
| okx | $58.1M | 25,622 |
| gate | $42.3M | 2,401 |
| hyperliquid | $36.3M | 10,368 |
| htx | $3.7M | 418 |
| binance-coin | $919K | 267 |
| bitfinex | $90K | 39 |
| dydx | $62K | 44 |
See it live: real-time liquidation feed · 24h totals · check your own exit with the liquidation calculator or rehearse risk-free on Paper Trade.