According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $98.53 million over the past 24 hours. Of this amount, long positions accounted for $48.31 million, while short positions saw liquidations of $50.21 million. Bitcoin (BTC) experienced liquidations amounting to $25 million, and Ethereum (ETH) saw $9.36 million in liquidations.