The cryptocurrency market experienced significant liquidations totaling $174 million in the past 24 hours, affecting both long and short positions. Long positions accounted for $92.23 million, while short positions saw $81.54 million in liquidations. Bitcoin (BTC) liquidations amounted to $60.80 million, with $34.33 million in longs and $26.47 million in shorts. Ethereum (ETH) liquidations totaled $47.73 million, comprising $21.81 million in longs and $25.92 million in shorts. A total of 75,190 users were liquidated during this period, with the largest single liquidation occurring on the BTC-USD pair on the Hyperliquid platform, valued at $4.24 million. This wave of liquidations highlights the volatility and risk present in the crypto markets.