Over $600M in Crypto Positions Wiped Out in One Hour Amid Binance Hack Fears
Photo: Crypto Economy
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
Source: Crypto Economy
