The cryptocurrency market lost a record $ 100 million in just an hour

The cryptocurrency market suffered a sharp shock on Wednesday, September 24, 2025, when more than $ 100 million worth of positions were liquidated within one hour. According to Coinglass, long positions took the brunt of the impact, with traders losing $ 98.77 million. The event demonstrates the increased volatility of the market, where the use of leverage significantly increases the scale of losses during sharp price fluctuations.

The dominance of liquidations on long trades indicates that many traders were betting on an increase in asset values but were caught off guard by the decline in prices. This scale of liquidations confirms the riskiness of trading with high levels of margin lending, especially in times of volatility. Analysts note that such events can have a chain effect on the overall market, forcing traders to reconsider their strategies and risk management.

Bitcoin BTC $113,474.00 Mezo Wrapped BTC -0.10% Market capitalization $40.49 million VOL. 24 hours $1.42 billion and leading altcoins showed weak dynamics on September 24 amid comments by Fed Chairman Jerome Powell, who emphasized the difficulty of balancing price stability and employment. As of 21:15 (ET), Bitcoin was down 0.07% to $ 112,369, Ethereum ETH $4,179.23 Bridged Ether (StarkGate) -0.47% Market capitalization $97.73 million VOL. 24 hours $1.41 billion fell 0.08% to $ 4,184, Solana SOL $211.20 Binance-Peg SOL -3.60% Market capitalization $0.23 billion VOL. 24 hours $0.97 billion fell 1.87% to $ 214.76, XRP XRP $2.87 XRP 0.26% Market capitalization $171.65 billion VOL. 24 hours $0.28 billion lost 0.37% to $ 2.83, and Dogecoin DOGE $0.24 Binance-Peg Dogecoin 0.57% Market capitalization $0.62 billion VOL. 24 hours $0.37 billion was down 0.21% to $ 0.2394.

According to SoSo Value, more than $ 100 million in outflows were recorded from bitcoin ETFs on September 23, indicating weak institutional demand. BTC’s dominance remained below 58%, while Ethereum’s share fell to 13%. Over the past day, more than $ 260 million was liquidated from the market, most of which were long positions.

The US stock market has also seen a correction: The Dow Jones fell by 0.19% to 46,292.78, the S&P 500 — by 0.55% to 6,656.92, and the Nasdaq Composite fell by 0.95% to 22,573.47. The CME FedWatch Tool shows that traders estimate a 91% probability of a 0.25% Fed rate cut in October.

B2BINPAY analysts believe that if BTC stays in the $ 110,000-$ 112,000 range, it will maintain its dominance at 58−59% and consolidate altcoins. However, a drop below $ 110,000 could increase pressure and push the price down to $ 105,000. Analyst Ali Martinez predicts that Ethereum can recover to $ 4,400 if the support at $ 4,000 is maintained.

Yesterday, global liquidations in the digital asset industry reached $ 1.5 billion, of which $ 1.34 billion were in long positions. This increased the «fear» among investors, as shown by the Crypto Fear & Greed index.