The cryptocurrency market experienced significant liquidations totaling $390 million over the past 24 hours, according to CoinGlass data. Short positions were hit hardest, accounting for $315 million of the liquidations, while long positions saw $75.25 million liquidated. Bitcoin (BTC) liquidations reached $168 million, with $146 million in shorts and $22.02 million in longs. Ethereum (ETH) liquidations totaled $118 million, comprising $98.24 million in shorts and $19.80 million in longs. A total of 99,099 traders were liquidated during this period, with the largest single liquidation occurring on the Aster SOLUSDT pair, amounting to $4.0033 million. This wave of liquidations highlights the volatility and risk inherent in the crypto market, particularly for those holding short positions.