According to Foresight News, recent data from Coinglass reveals that the cryptocurrency market has experienced a significant liquidation of $97.47 million in the past 24 hours. This includes $53.69 million in short positions and $43.75 million in long positions. Bitcoin, the leading cryptocurrency, accounted for $30.13 million of the total liquidation, while Ethereum, the second-largest cryptocurrency by market cap, accounted for $25.61 million. This information highlights the volatility and risk associated with trading in the cryptocurrency market.