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There has been a major purge in the crypto market over the past 24 hours. Looking at CoinGlass data, a total of $82.6 billion has been liquidated, which is a significant figure. Short positions took the biggest hit - $66.1 billion was burned, while long position liquidations amounted to $16.6 billion. The most impact was seen on BTC, where $37.5 billion was cleared, and ETH also suffered a loss of $18.4 billion. Overall, approximately 194,000 traders' positions were burned. The largest single liquidation occurred on Hyperliquid in the BTC-USD pair - a single shock of $15.75 billion. When such numbers appear on platforms like CoinGlass, it becomes clear how volatile the market is.