Crypto market sees $100M liquidations in one hour as longs wiped out

24-9-2025 – The cryptocurrency market faced significant turbulence as liquidations surpassed $100 million within the past hour, according to data from Coinglass. Long positions bore the brunt, with $98. 77 million wiped out, signaling a sharp market correction that caught many traders off guard. This rapid liquidation event reflects heightened volatility in the crypto space, with [ source: https://www.cointrackdaily.com/crypto-market-sees-100m-liquidations-in-one-hour-as-longs-wiped-out/