Over $100,000,000 in Shorts Liquidated As Crypto Markets Bounce on Inflation Data and SBF Arrest.
14 Dec 2022, 08:00
Over $100,000,000 in Shorts Liquidated As Crypto Markets Bounce on Inflation Data and SBF Arrest
Crypto traders are experiencing large short liquidations triggered by news of Sam Bankman-Fried’s arrest and the latest consumer price index (CPI) data.
According to the U.S. Bureau of Labor Statistics (BLS), the latest CPI data, released today, shows signs of inflation slowing.
“The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in November on a seasonally