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According to BlockBeats, data from Coinglass reveals that the global cryptocurrency market experienced liquidations totaling $710 million over the past 24 hours. A total of 217,395 traders were affected, with long positions accounting for $508 million of the liquidations, while short positions amounted to $202 million. The largest single liquidation occurred on Hyperliquid's BTC-USD pair, valued at $20.4274 million.