---
title: "Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday"
url: https://diffcoin.com/liquidations-on-the-rise-as-bitcoin-btc-pumps-and-dumps-on-sunday/
description: "BTC tapped a new multi-month peak but only to be rejected immediately."
published: 2025-05-18
updated: 2025-05-18
author: "Mila"
site: "Diffcoin"
---

# Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday

Following a relatively boring Friday and Saturday, bitcoin’s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000.

However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant.

![BTCUSD. Source: TradingView](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxODM1IDgxOSIgd2lkdGg9IjE4MzUiIGhlaWdodD0iODE5IiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjA1JTJGQlRDVVNELTE5LnBuZyIgZGF0YS13PSIxODM1IiBkYXRhLWg9IjgxOSIgZGF0YS1iaXA9IiI+PC9zdmc+)

BTCUSD. Source: TradingView

Recall our Market Watch from this morning, which informed that BTC had returned to familiar ground at around $104,000 after a brief dip below $103,000, which allowed an anonymous whale to open a massive long position worth nearly $400 million on Hyperliquid.

Live data from CoinGlass indicates that the large market participant has closed a portion of his position, which is now worth a more modest $337 million.

This transpired in the past few hours, during which BTC’s price quickly pumped from $104,000 to a multi-month peak at $106,000, where it faced a violent rejection and was pushed south to its starting point within minutes.

The total value of wrecked positions has risen to almost $280 million on a daily scale, with the majority of that taking place in the past 12 hours.

BTC short positions actually have the second-biggest share of the pie, as ETH longs dominate with over $80 million.

![Liquidation Heat Map. Source: CoinGlass](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMzU5IDQ4MCIgd2lkdGg9IjEzNTkiIGhlaWdodD0iNDgwIiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjA1JTJGU2NyZWVuc2hvdC0yMDI1LTA1LTE4LTIxMjQ0Ny5wbmciIGRhdGEtdz0iMTM1OSIgZGF0YS1oPSI0ODAiIGRhdGEtYmlwPSIiPjwvc3ZnPg==)

Liquidation Heat Map. Source: CoinGlass

More than 90,00 traders have been wrecked in the past day, while the single-largest liquidated position took place on HTX, involved the ETH/USDT pair, and was worth $8.21 million, says CoinGlass.

SPECIAL OFFER (Sponsored)  
  **Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance**  (full details).

**LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!**

[Source link](https://cryptopotato.com/liquidations-on-the-rise-as-bitcoin-btc-pumps-and-dumps-on-sunday/)