Crypto markets saw sharp two-way liquidations on Sept. 11 after the CPI release, with Bitcoin swinging lower, then higher, before giving back part of the move. According to HTX market data, BTC first fell to $76,000 after the inflation data came out, then rebounded above $79,000, and later slipped back to $77,600. The move left both long and short traders caught in rapid succession.
Data from Coinglass showed that total liquidations across the market reached $471 million over the past four hours. Of that amount, long positions accounted for $123 million, while short positions made up $348 million. Over the past 24 hours, 104,114 traders were liquidated globally, with total liquidations rising to $745 million.
The largest single liquidation order was recorded on Hyperliquid in the ETH-USD pair, with a value of $20.2824 million. The figures point to intense volatility immediately following the CPI release.
Crypto markets saw heavy two-way liquidations on Sept. 11 in the four hours following the CPI release.
According to HTX market data, BTC fell to $76,000 after the CPI print, then rebounded above $79,000 before dropping back to $77,600.
Coinglass data showed that total crypto liquidations reached $471 million over the past four hours, including $123 million in long liquidations and $348 million in short liquidations.
Across the past 24 hours, 104,114 traders were liquidated worldwide, with total liquidations climbing to $745 million.
The largest single liquidation order took place on Hyperliquid in ETH-USD, valued at $20.2824 million.
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