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Crypto Traders See $343M of Liquidations as Bitcoin Dips Below $40K More than 109,000 traders were liquidated over the past 24 hours. The latest price declines in cryptocurrencies are inflicting widespread pain on traders who had made leveraged bets in the notoriously volatile markets, resulting in more than $340 million of liquidations just in the past 24 hours. More than 109,000 traders were hit with liquidations over the past 24 hours as bitcoin dipped below $40,000 on Monday for the first time since September.

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