Global cryptocurrency liquidations reached $299 million over the past 24 hours, according to Coinglass data. Long positions accounted for $160 million, surpassing shorts, which totaled $139 million. Approximately 96,590 traders were liquidated, with the largest single liquidation valued at $5.24 million on Hyperliquid's BTC-USD pair. These figures highlight the volatility and risk management challenges in the crypto market.