Bitcoin News
By Maheen Hernandez
1 / 11
This Easter, the crypto market delivered a harsh reminder that volatility never takes a holiday.
2 / 11
According to market data, over $9.62 million in long positions were liquidated during the sharp drop, compared to just $71,000 in short positions.
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In total, more than $35.35 million was liquidated across the crypto market in that short four-hour period, with 83.6% of those losses coming from long positions.
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Bitcoin led the liquidation figures, as expected, with $9.7 million in positions wiped out, but Ethereum (ETH) and Solana (SOL) also suffered. Ethereum recorded around $8.
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The broader 24-hour view paints an even more dramatic picture. According to data from CoinGlass, over $165.
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Events like these serve as stark reminders of the risks involved in trading crypto with high leverage.
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Bitcoin’s price movement, while sharp, was relatively quick. After briefly stabilizing around $85,400, BTC dipped to just under $84,000, hitting lows of $83,800 before showing…
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The magnitude of the imbalance — where over 13,500% more longs were liquidated than shorts — tells a story of a market caught off guard.
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It’s a pattern that has repeated throughout Bitcoin’s history. Whenever optimism becomes too crowded and leverage piles up, the market tends to punish traders for overconfidence.
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For now, Bitcoin remains above $84,000, but traders are likely to remain cautious in the short term.
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As crypto continues to mature, these events are becoming less frequent but no less dramatic.
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