According to PANews, the cryptocurrency market experienced significant liquidations amounting to $239 million over the past 24 hours. Data from Coinglass reveals that long positions accounted for $192 million of the liquidations, while short positions saw $46.61 million in liquidations. Bitcoin (BTC) faced total liquidations of $77.37 million, and Ethereum (ETH) saw liquidations totaling $72.34 million.