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Traders get crushed as a Trump social media post triggers a massive $415 million crypto whipsaw

Trump’s announcement to delay Iran strikes caused $415 million in crypto liquidations within four hours, with Bitcoin and Ethereum leading losses amid volatile market reactions.

  • On March 23, 2026, U.S. President Donald Trump posted on Truth Social directing the Pentagon to postpone attacks for five days and saying the U.S. and Iran were having a 'very good and productive conversation', while CoinGlass recorded $415 million in liquidations in a four-hour window.
  • On March 22, the weekend ultimatum triggered over $1 billion in crypto liquidations, with 85% hitting long positions, leaving traders exposed before Monday.
  • CoinGlass and exchange figures show $140 million in Bitcoin, $120 million in Ethereum, and $64 million in Hyperliquid's Brent oil futures liquidations, with tokenized gold and silver losing $20.9 million and $19.8 million respectively.
  • Markets reacted by retracing intraday moves as traders digested the posts, with Bitcoin jumping 5% back to $71,000, XRP to $1.44, and oil crashing 11%, before settling near $70,000 by Monday evening.
  • Because crypto markets trade 24/7, weekend headlines hit first and hardest as Bitcoin showed an 89% correlation with the S&P 500 during the March 19 selloff while Brent crude above $100 sustains pressure.
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crypto.news broke the news in on Monday, March 23, 2026.
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