The cryptocurrency market witnessed $66.62 million in liquidations over the past 24 hours, according to Coinglass data. A total of 67,749 traders were affected, with short positions making up $40.20 million, or over 60% of the total liquidations. Long positions accounted for $26.42 million in liquidations. The largest single liquidation occurred on Hyperliquid’s ORCL-USD pair, amounting to $893,600. Despite the volatility, value investing remains a prominent strategy for traders navigating the market's fluctuations.