\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tThe largest single liquidation today also involved BCH. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Although the rest of the cryptocurrency market has remained essentially flatlined over the past 24 hours or so, Bitcoin Cash just plunged by over 5% in minutes.<\/p>\n
The move drove the popular altcoin from over $482 to $457 before it found some support and now trades close to $459.<\/p>\n This sudden and rather unexpected drop came amid reports that an unknown whale had disposed of a big chunk of BCH tokens.<\/p>\n Data shared by well-known analyst CW suggested that this entity sold off over 60,000 BCH in minutes, which led to an instant and violent uptick in the selling volume.<\/p>\n Someone caused a drop by selling over 60,000 $BCH<\/a> in a short period of time. pic.twitter.com\/q6j8FvUrjR<\/a><\/p>\n \u2014 CW (@CW8900) March 29, 2026<\/a><\/p>\n<\/blockquote>\n CoinGlass shows that almost $2.5 million worth of leveraged BCH positions have been wiped out in the past 24 hours. Expectedly, the majority ($2.4 million) was wrecked in the past few hours when the price calamity unfolded.<\/p>\n This means that 10% of the total liquidations in the past 4 hours came from BCH\u2019s drop, which is quite logical given the fact that the rest of the market has shown little to no moves in the same timeframe.<\/p>\n Moreover, most of it was from a single position, which became the largest liquidation today. $2.15 million was liquidated on Binance involving the BCH\/USDT trading pair.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\n\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n
![<\/a>BCHUSD March 29. Source: TradingView<\/figcaption><\/figure>\nThis sudden and rather unexpected drop came amid reports that an unknown whale had disposed of a big chunk of BCH tokens.<\/p>\nData shared by well-known analyst CW suggested that this entity sold off over 60,000 BCH in minutes, which led to an instant and violent uptick in the selling volume.<\/p>\n\nSomeone caused a drop by selling over 60,000 $BCH<\/a> in a short period of time. pic.twitter.com\/q6j8FvUrjR<\/a><\/p>\n\u2014 CW (@CW8900) March 29, 2026<\/a><\/p>\n<\/blockquote>\nCoinGlass shows that almost $2.5 million worth of leveraged BCH positions have been wiped out in the past 24 hours. Expectedly, the majority ($2.4 million) was wrecked in the past few hours when the price calamity unfolded.<\/p>\nThis means that 10% of the total liquidations in the past 4 hours came from BCH\u2019s drop, which is quite logical given the fact that the rest of the market has shown little to no moves in the same timeframe.<\/p>\nMoreover, most of it was from a single position, which became the largest liquidation today. $2.15 million was liquidated on Binance involving the BCH\/USDT trading pair.<\/p>\n\nSPECIAL OFFER (Exclusive)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/BCHUSD.png\"){kind=link}