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Crypto liquidations reach $1.57 billion as Binance hack pressuures bitcoin and ether

CoinDesk reported that crypto futures liquidations jumped to $1.57 billion as a $6.3 billion Binance hack sent bitcoin and ether lower, with bitcoin trading near $77,350. The report follows earlier coverage of the Binance hack and its effect on bitcoin and ether.

Key facts

1 sourceMajor storyNew

ETH after this site detected it

  • 5 minutes-0.10%vs BTC +0.03 pp
  • 1 hour-0.16%vs BTC -0.00 pp
Source published First received Updated UTC

Claims and open questions

Evidence strength Single source

Only one publisher so far. Another independent outlet or an official source would raise it.

ImportanceMajor story

Security topic · core coin ETH

How recentVery recent

Fresh security news

What sources claim

  • CoinDesk reported that crypto futures liquidations jumped to $1.57 billion amid a $6.3 billion Binance hack.
  • CoinDesk reported that bitcoin traded near $77,350 after the $6.3 billion Binance hack.
  • CoinDesk reported that the Binance hack sent bitcoin and ether lower.

Still unresolved

  • Which assets or trading pairs accounted for the $1.57 billion in liquidations would be confirmed by exchange or derivatives data.
  • Whether Binance has issued an official statement on the $6.3 billion figure would be confirmed by a company disclosure.

Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished.

Source evidence

1
CoinDeskNews publisher
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower ↗

Published Oct 30, 2026, 11:09 · Received Oct 30, 2026, 11:11

Market reaction after detection

Measured from the sample nearest site detection, on the same source and quote currency.

Observed returns after site detection
WindowReturnBTCDifference from BTC (pp)Actual sampled interval / source
5 minutes-0.10%-0.13%+0.03 ppOct 30, 2026, 11:11 → Oct 30, 2026, 11:16 (UTC)
Gate · USDT
1 hour-0.16%-0.16%-0.00 ppOct 30, 2026, 11:11 → Oct 30, 2026, 12:11 (UTC)
Gate · USDT

Timing does not establish causation. Methods and limitations →

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