Global cryptocurrency liquidations reached $83.64 million in the past 24 hours, with short positions accounting for the majority at $65 million, according to Coinglass data. Long positions saw $18.64 million in liquidations. Bitcoin shorts were particularly affected, with $20.71 million liquidated, compared to $2.29 million for Bitcoin longs. Ethereum shorts faced $7.74 million in liquidations, while Ethereum longs saw $1.60 million. A total of 52,640 users were liquidated globally, with the largest single liquidation occurring on Hyperliquid's SOL-USD pair, amounting to $8.5 million. This highlights the volatility and risk associated with leveraged trading in the crypto markets.