According to PANews, data from Coinglass reveals that the cryptocurrency market experienced a liquidation of contracts worth $269 million in the past 24 hours. This liquidation affected a total of 96,646 individuals. The liquidated contracts included $167 million in long positions and $102 million in short positions. Bitcoin (BTC) contracts accounted for approximately $78.06 million of the total liquidated amount, while Ethereum (ETH) contracts made up around $49.77 million. This significant liquidation event underscores the volatility inherent in the cryptocurrency market.