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Crypto Liquidations Eye $1 Billion Amid Market-Wide Crash

  • Bitcoin's price took a nosedive in the past day, dropping by six grand.
  • Altcoins experienced even more painful declines, with total liquidations reaching $900 million on a daily scale.
  • The sell-off was initiated over the weekend in anticipation of a challenging Monday trading session.
  • The total liquidations in the past 24 hours soared to over $900 million, with nearly 300,000 traders affected.

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