In the past 24 hours, the cryptocurrency market has experienced substantial liquidations, with approximately 344,249 traders affected and total liquidations reaching nearly $996 million. Specifically, $995.48 million was liquidated, according to various reports. Additionally, $156 million in short positions were liquidated as the market rallied. A notable liquidation occurred on Binance, amounting to $15.17 million. The data indicates a growing trend of volatility in the crypto market, impacting a significant number of traders and substantial monetary values.