In a significant market event, over $61.65 million was liquidated across the cryptocurrency network in the past 12 hours, according to Coinglass data. ASTER led the liquidations with $9.7 million, followed by Ethereum (ETH) at $5.79 million and STBL at $5.10 million. This wave of liquidations underscores the ongoing volatility and inherent risks within the crypto market.