According to PANews, data from Coinglass reveals that the cryptocurrency market experienced significant liquidations amounting to $89.2 million in the past 24 hours. Of this total, long positions accounted for $66.58 million, while short positions made up $22.62 million. Bitcoin (BTC) saw liquidations totaling $17.79 million, and Ethereum (ETH) experienced liquidations amounting to $21.31 million.