The cryptocurrency market experienced significant liquidations totaling $268 million over the past 24 hours, according to Coinglass data. Short positions accounted for the majority, with $213 million liquidated, while long positions saw $54.96 million in liquidations. Bitcoin shorts were particularly affected, with $133 million liquidated compared to $8.14 million in Bitcoin longs. Ethereum also saw substantial liquidations, with $29.17 million in shorts and $8.39 million in longs. A total of 93,159 users were liquidated globally, highlighting the market's volatility. The largest single liquidation occurred on the Hyperliquid platform, involving a BTC-USD position worth $13.02 million.