According to PANews, data from Coinglass reveals that the cryptocurrency market experienced significant liquidations amounting to $165 million over the past 24 hours. Of this total, long positions accounted for $126 million, while short positions saw liquidations of $38.89 million. Bitcoin (BTC) faced liquidations totaling $36.03 million, and Ethereum (ETH) saw liquidations amounting to $39.12 million.