From Financial Modeling Prep: 2025-04-21 03:13:00

Bitcoin experienced a sharp price drop on Sunday, falling from $85,400 to $83,800 before recovering to $84,453. A significant long-to-short liquidation imbalance occurred, with $35.35 million in total liquidations across all crypto assets, primarily affecting long positions.

The largest hits were seen in Bitcoin with $9.7 million liquidated, followed by Ethereum with $8.2 million and Solana with $2.45 million. The biggest single order liquidated was a $5.95 million BTC/USDC position on Binance.

The broader market felt the impact with $165.1 million in total liquidations over 24 hours, affecting over 119,000 traders. The extreme one-way liquidations emphasized the risks of over-leveraging and crowded bullish bets in the crypto market.

This event highlights the importance of monitoring historical crypto trends to understand market dislocations and potential trend reversals. The Easter weekend liquidation event underscores the vulnerability of highly leveraged markets to sudden shifts in sentiment.



Read more at Financial Modeling Prep:: Brutal Long Liquidations Shake Crypto Markets Over…