The crypto market has just suffered a massive flash crash on August 22, 2026, resulting in $1.8 billion in total liquidations over the past 24 hours. Bitcoin $BTC quickly retreated from its recent weekly highs near $77,000 to trigger $523 million in network-wide liquidations in just a single hour. Meanwhile, Binance Coin $BNB is trading at approximately $696.34 following the intense market-wide volatility.