Crypto Liquidations Near $1 Billion as Hot Inflation Data Hits Bitcoin

Key Facts

1Hot inflation data triggered nearly $1 billion in crypto liquidations, primarily affecting leveraged long positions.

Hot inflation data triggered nearly $1 billion in crypto liquidations, primarily affecting leveraged long positions. Decrypt reported that the surge in consumer prices revived expectations for Federal Reserve rate hikes, causing a sharp sell-off in Bitcoin and wiping out bullish bets across the digital asset market.

A total of 177,440 traders were liquidated within 24 hours for a sum of $948.22 million, with long positions accounting for 90.6% of the total. Bitcoin fell below the $80,000 mark on October 15, 2026, following a Producer Price Index report that showed a 6.3% annual increase, significantly higher than the 5.5% forecast.