According to PANews, the cryptocurrency market experienced significant liquidations amounting to $140 million over the past 24 hours. Data from Coinglass reveals that long positions accounted for $115 million of the liquidations, while short positions saw $24.78 million in liquidations. Bitcoin (BTC) faced liquidations totaling $21.48 million, and Ethereum (ETH) saw liquidations amounting to $36.05 million.