The cryptocurrency market experienced significant liquidations totaling $143 million over the past 24 hours, according to Coinglass data. Long positions accounted for $92.92 million of the liquidations, while short positions made up $50.57 million. Bitcoin long positions saw $34.42 million liquidated, compared to $7.40 million for shorts. Ethereum long positions faced $12.32 million in liquidations, with shorts at $15.41 million. A total of 89,406 traders were affected globally, with the largest single liquidation occurring on Hyperliquid's BTC-USD pair, amounting to $7.34 million.