Crypto markets saw a massive $90B liquidation event within a single hour, triggering sharp selloffs across major cryptocurrencies. This dramatic move highlights the extreme volatility present in current market conditions and the interconnected nature of leveraged positions across platforms. Such flash crashes often force cascade liquidations, particularly in derivative markets where overleveraged traders face forced closures. The rapid capital drain underscores why risk management and position sizing remain critical in today's high-velocity trading environment.