The cryptocurrency market experienced significant liquidations totaling $766 million over the past 24 hours, with long positions bearing the brunt at $601 million, according to Coinglass data. Bitcoin long positions saw $178 million liquidated, while Ethereum long positions faced $205 million in liquidations. Short positions accounted for $165 million, with Bitcoin and Ethereum shorts liquidated for $48.02 million and $66.53 million, respectively. A total of 199,852 traders were liquidated globally, highlighting the market's volatility. The largest single liquidation occurred on Hyperliquid's ETH-USD pair, amounting to $38.81 million, underscoring the intense market movements.