Crypto market hit by nearly $1 billion in liquidations after inflation shock
Photo: Finbold
As Bitcoin ( BTC ) and Ethereum ( ETH ) led the broader cryptocurrency industry in a sell-off over the past 24 hours, driven by hotter-than-expected United States inflation data, total crypto liquidations soared on October 15, 2026, by nearly 600% to about $1 billion. The total crypto liquidations over the past 24 hours were $973,025,069, up more than 588% on the day, according to data Finbold analyzed from CoinGlass , a cryptocurrency derivatives data platform that tracks liquidations and futures activity across major exchanges.
Source: Finbold
