According to Foresight News, recent data from Coinglass reveals that the cryptocurrency market has experienced a significant liquidation in the past 24 hours. The total liquidation amounted to $68.46 million, with long positions accounting for $34.48 million and short positions making up $33.96 million.

Ethereum, one of the leading cryptocurrencies, saw a liquidation of $18.27 million. Bitcoin, the most popular and widely traded cryptocurrency, also experienced a liquidation worth $7.68 million. This data provides an insight into the volatility and risk associated with the cryptocurrency market.