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MarketPublished by KAS Watch · November 01, 2026

Crypto market selloff wipes out $1.5 billion in leveraged bets

A major selloff in Bitcoin, ether, and XRP wiped out $1.5 billion in leveraged crypto bets. Long positions accounted for nearly 84% of forced closures, while a subsequent rebound began catching short sellers.

Why it matters for the market

This market event highlights broad volatility across major assets that could influence wider crypto sentiment and liquidity. Any potential impact on Kaspa remains strictly observational and requires cautious market analysis.

Original source

CoinDesk
Source publication · October 30, 2026 · 1 verified source
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marketleverageliquidationbitcoinvolatility
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