Bitcoin Hit by Massive 13,520% Liquidation Imbalance During Easter Sell-Off

21 April 2025 by Staff

Bitcoin experienced a dramatic market downturn over the Easter weekend, resulting in a significant liquidation wave valued at over $35 million. During a critical four-hour span, a 13,520% long-to-short liquidation imbalance was recorded, highlighting the extreme tilt toward long positions prior to the sudden drop in prices.

Key Figures from the Sell-Off

$83,800 — the approximate low BTC reached during the flash sell-off
$9.62 million in long positions were liquidated on Bitcoin alone
Only $71,000 in short position liquidations, illustrating the lop-sided market exposure
Total market liquidation in four hours: $35.35 million
Over 83% of losses came from long positions

Wider Crypto Market Impact

Bitcoin bore the brunt of the damage, but the shockwave extended to other major cryptocurrencies:

Ethereum (ETH): $8.2 million liquidated
Solana (SOL): $2.45 million liquidated
Largest single liquidation: $5.95 million BTC/USDC position on Binance

24-Hour Overview

Over the course of 24 hours, the total liquidations surpassed $165 million, impacting more than 119,000 traders. This sudden market movement occurred in a period typically marked by low trading volume, underscoring the risks of excessive leverage — especially during holidays.

Though Bitcoin saw a modest rebound to approximately $84,453, the sharp corrections served as a stark reminder of the perils involved in over-leveraged trading during volatile times.

Source: u.today