According to PANews, data from Coinglass reveals that the cryptocurrency market experienced significant liquidations amounting to $217 million over the past 24 hours. Of this total, long positions accounted for $47.51 million, while short positions saw liquidations of $169 million. Bitcoin (BTC) faced liquidations totaling $83.42 million, and Ethereum (ETH) saw liquidations amounting to $36.32 million.