- Bitcoin saw a massive 13,520% long-to-short liquidation imbalance, with $9.62M in longs wiped out in just 4 hours—versus only $71K in shorts.
- BTC dropped to $83,800 before bouncing, triggering $35M in total liquidations during that window and $165M across the last 24 hours.
- Over 119,000 traders were liquidated, with the biggest single loss being a $5.95M BTC/USDC long—highlighting how overleveraged longs got wrecked during the thin Easter trading hours.
Bitcoin traders woke up to an Easter they won’t forget anytime soon. Over the span of just four hours, the market saw a jaw-dropping 13,520% long-to-short liquidation imbalance. That’s not a typo. Nearly $9.62 million in long positions got wiped out—compared to a measly $71K in shorts. Ouch.
The drop took Bitcoin down to about $83,800 before it bounced slightly to $84,453, but by then the damage was done. Leverage-heavy longs were wrecked across the board.
Market Goes One Way—and It Wasn’t Up
In that same four-hour window, total crypto liquidations hit $35.35 million, with a staggering 83.6% of it coming from the long side. This wasn’t your usual weekend dip. It was a one-sided wipeout.
BTC was the biggest casualty, obviously, with nearly $9.7M in longs flushed. Ethereum (ETH) followed at $8.2M, and Solana (SOL) added another $2.45M to the wreckage. In total, over the last 24 hours, $165 million got liquidated. That’s 119,000+ traders caught on the wrong side of the trade.
And the biggest single hit? A $5.95 million BTC/USDC long on Binance, according to CoinGlass. Someone’s weekend plans just changed, big time.
The Setup Was There—And the Market Was Way Too One-Sided
If you looked at Bitcoin’s price action, you could kind of see it coming. BTC hovered around $85.4K, started to wobble, then slid fast down to $83.8K. That dip wasn’t huge, but because everyone was leaning long, the effect was magnified.
This was one of those “when the whole crowd leans the same direction, a breeze feels like a hurricane” kind of moments. A minor pullback led to massive forced selling, and before anyone could react, longs got vaporized.
It’s a harsh reminder: high leverage in a quiet market is a bad mix, especially over holidays when liquidity thins out. Traders showed up expecting a calm bullish weekend—and walked into a trap door.
