Crypto market liquidations totaled $345 million over the past 24 hours, according to CoinGlass data. According to ChainCatcher, long positions accounted for $193 million of the total, while short positions made up $153 million, and 89,449 traders were liquidated.

The largest single liquidation in the past 24 hours occurred on Hyperliquid's BTC-USD trading pair and was valued at $4.89 million.