According to PANews, the cryptocurrency market experienced significant liquidations amounting to $298 million over the past 24 hours. Data from Coinglass reveals that long positions accounted for $226 million of the liquidations, while short positions made up $71.28 million. Bitcoin (BTC) saw total liquidations of $77.9 million, and Ethereum (ETH) also recorded liquidations of $77.9 million.

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