Ethereum (ETH) experienced over $82 million in liquidations within 24 hours, with 68.4% of these stemming from short positions, as traders misjudged the market's upward movement. Bitcoin (BTC) also faced significant liquidations, totaling $67.19 million, with 65% from short positions. Additionally, GIGGLE saw $13.79 million in liquidations, with 68.19% from shorts. These figures underscore the inherent volatility and risks of leveraged trading in the cryptocurrency market.