Bitcoin Liquidations Hit $363M Following Hot US PPI Data

Key Facts

In a move reflecting the high sensitivity of digital assets to US inflation data, the crypto market witnessed a liquidation wave totaling $363 million. These movements were triggered by the release of Producer Price Index (PPI) data that exceeded expectations, sparking concerns over the trajectory of monetary policy. According to reports, Bitcoin faced additional pressure as short-term holders moved approximately 549.3k BTC to exchanges over the past three weeks to lock in gains.

Technical data indicates that the selling pressure coincided with the Short-Term Holder Spent Output Profit Ratio (SOPR) reaching levels that reflect active profit-taking, driving liquidity toward exchanges. Despite this significant liquidation event, the cryptocurrency maintained technical support levels above $76,000, amid mixed market sentiment that was also impacted by a decline in US stock futures following the inflation report.

Looking at the data available as of September 11, 2026, specific closing prices for instruments are unavailable in the current database, necessitating a focus on qualitative support levels. Traders are closely monitoring upcoming economic catalysts that may influence risk appetite, as the economic calendar suggests continued anticipation regarding monetary policy decisions and their impact on capital flows into crypto assets.