In the past 24 hours, the cryptocurrency market experienced liquidations totaling $202 million, according to Coinglass data. Long positions accounted for $126 million of the liquidations, while short positions made up $75.28 million. Bitcoin long liquidations reached $35.59 million, with shorts at $25.04 million. Ethereum saw $45.14 million in long liquidations and $13.68 million in shorts. A total of 89,538 users were liquidated globally, with the largest single liquidation occurring on Hyperliquid's BTC-USD pair, valued at $3.58 million. This highlights the volatility and risk present in the crypto trading environment.