Hot CPI triggers $456M liquidations, 87% longs
- —24-hour liquidations jumped 124.47% to $456.31 million
- —Longs lost $397.81 million versus $58.38 million in shorts
- —Ethereum led with $80.34 million liquidated, including $67.49 million in longs
- —Bitcoin fell 1.66% to $81,803 with $78.38 million liquidated
Why it matters: Traders now await US PPI; a stronger-than-expected print could reinforce Fed tightening bets and extend losses below $81,000.
Source: Blockmedia