According to Foresight News, recent data from Coinglass reveals that the global cryptocurrency market has experienced a liquidation of approximately $110 million in the past 24 hours. This significant liquidation event is split between long and short positions, with $43.3 million and $66.94 million respectively. Bitcoin, the leading cryptocurrency, accounted for around $35.5 million of the total liquidation. Ethereum, the second-largest cryptocurrency by market capitalization, contributed approximately $15.07 million to the total liquidation. This event underscores the volatility inherent in the cryptocurrency market.