Crypto Market Plunges: $100 Million in Long Positions Liquidated in Just One Hour

The cryptocurrency market experienced a sudden and significant shakeup on August 18, 2025, as traders saw over $100 million worth of long positions liquidated within a single hour. This dramatic drop underscores the inherent volatility of crypto trading. While short positions also suffered losses, the widespread liquidation primarily impacted bullish bets, leaving many unprepared for sudden price declines.