Bitcoin liquidations today, April 23, 2026, have been dominated by short positions as the price surged toward $79,000. This rally, largely driven by news of an extended ceasefire in the US-Iran conflict, triggered a massive "short squeeze" across major exchanges.
Bitcoin Liquidation Snapshot (24H)
Total BTC Liquidated: Approximately $176.19 million across major platforms.
Long vs. Short: Liquidations are heavily skewed toward shorts, with $123.95 million in short positions wiped out compared to $43.16 million in longs.
Total Market Impact: Over $450 million in total crypto liquidations occurred in the last 24 hours, affecting more than 144,400 traders.
Largest Order: A single BTC/USDT liquidation order on Binance was valued at $9.63 million
As of April 20, 2026, Bitcoin has seen approximately $125.66 million in liquidations over the past 24 hours. This is part of a broader market-wide flush totaling nearly $792.47 million across the entire crypto space.
Bitcoin Liquidation Breakdown (24h)
Leveraged positions have been heavily hit by recent volatility, with long-side traders bearing the majority of the losses:
Total Liquidated: ~$125.66 million.
Long Positions: ~$103.07 million (82% of BTC liquidations).
Short Positions: ~$22.59 million.
Largest Single Order: A $15.75 million BTC-USD position on the Hyperliquid exchange
As of April 19, 2026, Bitcoin liquidity has shown significant signs of tightening compared to late 2025, primarily due to a contracting order book and shifting institutional demand.
Current Liquidity Snapshot
Market Depth: Bitcoin's
market depth (the capital required to move the price by
) is currently approximately $1.35 billion.
Order Book Health: Total order book depth has halved over the last six months.
Bid-side depth (-2%) is roughly $660 million.
Ask-side depth (+2%) is roughly $692 million.
Trading Volume: 24-hour trading volume is approximately $18.1 billion to $26.15 billion, depending on the exchange aggregation.
As of April 18, 2026, Bitcoin is trading near $74,500 - $75,000, positioned between significant liquidation clusters that are acting as "price magnets".
As of April 17, 2026, Bitcoin liquidity is characterized by moderate 2% market depth and a recent uptick in trading activity following a period of consolidation.
Liquidity Snapshot
Market Depth (±2%): Total liquidity within the 2% price range is approximately $1.46 billion.
Bids (-2%): $703.82 million.
Asks (+2%): $760.05 million.
Trading Volume: 24-hour spot volume is roughly $42.88 billion, a 14.40% increase from yesterday.
Liquidity Concentration: Top exchanges by market depth include Coinbase ($62.11M), Binance ($49.31M), and Weex ($49.76M
$75,000 – $76,000: This is currently the most significant "wall" of short liquidity. A sustained move into this range is expected to trigger secondary waves of forced buy-ins.
$77,739: Breaking the $76,000 barrier likely clears the path for a retest of the current all-time high zone.
As of April 15, 2026, Bitcoin is trading near $74,700 after a sharp breakout above $74,000. This rally has flushed out a significant amount of short liquidity, leading to over $551 million in total liquidations in the last 24 hours.