According to CoinGlass statistics as of October 10, 2026, the top 20 assets across the market recorded total liquidations of $865 million over the past 24 hours, including approximately $738 million in long liquidations, accounting for 85.29%. This ratio means that during the price decline, more than 80% of the forcibly liquidated positions were on the bullish side. At the individual-coin level, Ethereum ranked first with $344.75 million in liquidations, of which longs accounted for 82%; Bitcoin recorded $263.07 million in liquidations, with longs accounting for 84%; Solana recorded $64.82 million in liquidations, with longs accounting for as much as 92%. The proportions of long liquidations for SOL and XRP reached 92% and 94%, respectively, indicating that this was not a phenomenon unique to Ethereum, but rather a synchronized deleveraging of leveraged longs across the market. In terms of price, according to Ga

On March 17, 2026, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a landmark interpretive guidance, answering for the first time in a systematic manner the core question that has troubled the crypto industry for more than a decade: which crypto assets are securities and which are not. The document, known as the “Digital Asset Interpretation,” not only provides a classification framework for five categories of assets, but also explicitly clarifies the non-security status of major assets such as Bitcoin (BTC), Ethereum (ETH), and XRP. Meanwhile, on October 2, the SEC approved the first batch of 3x leveraged exchange-traded products, covering six types of underlying assets: BTC, ETH, gold, silver, crude oil, and natural gas, marking the first time that the leverage ceiling for U.S.-listed crypto products has exceeded 2x. The combination of the two policies is reshaping exchanges’ compliance pathways and institutional capital’s entry channels, thereby