A roughly 602.53 BTC shortfall keeps Liquid Network’s bitcoin redemptions frozen
Photo: The Cryptonomist
Liquid Network’s bitcoin redemptions remained suspended on October 11, 2026 , 35 days after an exploit drained its reserves. Transfers were working again, but holders still could not redeem L-BTC for bitcoin: reserves covered about 85.8% of the outstanding tokens. Key takeaways Liquid’s reserve deficit stood at approximately 602.53 BTC. Transfers resumed on September 10, 2026; bitcoin withdrawals remained frozen. Reopening requires full backing, software upgrades and completed security reviews. Per quanto riportato da The Defiant , on October 11, 2026 the Liquid explorer run by Mempool showed federation reserves holding 3,632.23 BTC while 4,234.76 L-BTC remained in circulation.
Source: The Cryptonomist
