More than $30 million in cryptocurrency futures were liquidated within a four-hour period, reflecting heightened market volatility. The liquidations included $14.41 million in long positions and $15.63 million in short positions. LIGHT and BEAT were the most affected, with losses of $6.52 million and $5.08 million, respectively. LIGHT's price plummeted by 80%, dropping from $4.6 to below $0.8, while BEAT experienced significant price fluctuations. The rapid market shifts continue to pressure top altcoins as traders navigate the volatile environment.