$105M in crypto longs wiped out in 30 minutes

Roughly $105 million in long positions were liquidated in a 30-minute window, WatcherGuru reported. The fast wipeout hit traders betting on higher prices, forcing those positions closed as the market moved against them. The report did not name the specific assets or exchanges involved.

The burst fits inside a much heavier 24-hour stretch. CoinGlass data put total liquidations at $751 million, of which $635 million were longs. Bitcoin accounted for $306 million of that, with Ether adding $126 million — a sign of sustained deleveraging in crypto futures.

Prediction markets are already repricing the damage. Confidence in Hyperliquid touching $100 by the end of 2026 has slipped, with YES outcomes now priced at 18.5%, down from earlier expectations. That marks a shift in sentiment on one of the market's most-watched price targets.

Traders will be watching whether the liquidation cascade eases or accelerates from here, and whether exchanges and large holders step in as the derivatives market looks for a floor. Any fresh news around Hyperliquid could move those pricing odds again.