According to BlockBeats, the cryptocurrency market experienced a significant liquidation event on June 24th. Data from Coinglass indicates that in the past 24 hours, liquidations across the network amounted to $270 million. The majority of these liquidations were long positions, accounting for $250 million, while short positions made up the remaining $19.38 million. This event underscores the volatility inherent in the cryptocurrency market, with significant fluctuations in value occurring regularly. Investors are advised to exercise caution when trading in this high-risk market.