Crypto traders experienced a staggering $1 billion loss in long positions within just one hour on September 22, as reported by CoinGlass. This downturn was marked by significant price declines in major cryptocurrencies, with Bitcoin plummeting below $112,000 and Ethereum shedding nearly $500 overnight. All top-100 digital assets, including DOGE, XRP, and SOL, were in negative territory, reflecting a broad market sell-off. The market's sentiment shifted to caution, evidenced by the Fear & Greed Index dropping to 45. Despite the volatility, speculative tokens like Maxi Doge attracted attention, with its presale raising $2.3 million across more than 50 stages. The project is preparing for listings on both centralized and decentralized exchanges.