According to Foresight News, data from Coinglass indicates that the cryptocurrency market has seen a liquidation of approximately $98.47 million in the past 24 hours. This includes $76.58 million from long positions and $21.88 million from short positions.
The data further reveals that Bitcoin accounted for about $16.08 million of the liquidated amount, while Ethereum and SOL contributed approximately $24.33 million and $4.69 million respectively. This significant liquidation event reflects the volatile nature of the cryptocurrency market.