#AltcoinStrategicReserves $BTC

A brutal drop and record liquidation for the crypto market

The crypto market has recorded a loss of more than 100 billion dollars from its total capitalization over the last 24 hours. This reduces the total to 3.8 trillion dollars, a concerning level that raises fears of a continuation of short-term weakness.

This sharp drop raises concerns about the possibility of the market sliding below the key support of 110,000 dollars for Bitcoin.

$BTC

Pretty sure that is the biggest liquidation candle in history. pic.twitter.com/WD4WOWdDzM

— Killa (@KillaXBT) September 22, 2025

Indeed, Bitcoin and the crypto market as a whole has experienced one of the largest waves of liquidations in its history, with more than 1.5 billion dollars liquidated just in Bitcoin today.