The cryptocurrency market experienced significant liquidations totaling $459 million over the past 24 hours, with long positions bearing the brunt at $270 million, according to CoinGlass data. Short positions accounted for $189 million of the liquidations. Bitcoin and Ethereum were notably affected, with BTC liquidations reaching $98.03 million and ETH at $102 million. A total of 185,796 traders were liquidated during this period, highlighting the market's volatility. The largest single liquidation occurred on the Hyperliquid SP500-USD trading pair, valued at $17.28 million, underscoring the risks associated with leveraged trading in the current market environment.