Crypto Market $1.8B Liquidation Bloodbath, Could Market Reset Or More Pain Ahead?
The crypto market experienced one of its sharpest shocks of 2025 when liquidations totaled $1.8 billion in just 24 hours. On September 22, more than 370,000 traders saw their positions closed as prices of Bitcoin, Ethereum, and major altcoins suddenly dropped. For many, it was a painful reminder of how quickly leveraged bets can unravel in a volatile market. This event has left the community divided. Some see it as a healthy “reset” that clears excessive leverage and sets the stage for a stronger recovery. Others worry it may be the start of a deeper downturn. To understand what happened, it is important to look at the scale of losses, the price impact, and the broader market context.
The wipeout was not evenly spread across…
