List of the Largest Cryptocurrency Liquidation Events in History Released! Türkiye Triggered One!

Cryptocurrency analysis platform Coinglass has announced the 10 largest liquidation events in history.

According to data, the largest crypto liquidation of all time occurred on October 10, 2025.

This incident, triggered by new US tariffs on China, resulted in the liquidation of $19.16 billion in positions. This figure surpassed even the major market crashes of 2021.

Previous largest liquidations in 2021 included those on April 18th for $9.94 billion and on May 19th for $9.01 billion.

Here are the biggest liquidation waves, their dates, sizes and reasons:

1. October 10, 2025 – $19.16 billion – US tariff hike on China
2. April 18, 2021 – $9.94 billion – US Anti-Money Laundering Rumors + Mining Shutdowns
3. May 19, 2021 – $9.01 billion – Tesla cancels BTC policy + regulatory concerns
4. February 22, 2021 – $4.10 billion – Correction in overheated rally
5. September 7, 2021 – $3.65 billion – Sell-off wave after El Salvador’s BTC law launch
6. September 22, 2025 – $3.62 billion – Liquidation of over-leveraged long positions
7. February 23, 2021 – $3.15 billion – US Treasury Secretary Yellen’s anti-BTC statements
8. April 23, 2021 – $2.92 billion – US capital gains tax plan
9. April 16, 2021 – $2.77 billion – Crypto payment ban in Türkiye
10. May 13, 2021 – $2.47 billion – Tesla stops accepting payments with BTC

*This is not investment advice.