#PPINEWS #PPIShockwave #PPITreatment #BTC
Based on current reports and analyses, here are the main drivers behind the sharp decline:
1. Bitcoin Whale Sell-Off and Flash Crash
• A massive Bitcoin whale dumped 24,000 BTC, valued at roughly $2.7 billion, triggering a flash crash that dragged prices sharply lower and caused hundreds of millions in leveraged liquidations.  
• This large sell order triggered widespread forced sell-offs across exchanges.  
2. Macro Data & Fading Rate-Cut Optimism
• A surprise uptick in U.S. Producer Price Index (PPI) signaled higher inflation, reducing expectations of near-term rate cuts and dampening appetite for risk assets like crypto. 
3. Mass Liquidations, Especially Long Positions
• The market swiftly liquidated massive positions: over $538 million in long positions were wiped out in just an hour, blowing through leverage-heavy trades. 
4. Decline in Overall Market Capitalisation
• The broader crypto market cap fell notably—dropping to below $4 trillion, with some tokens suffering 5–7% losses amid low trading volumes and profit-taking. 
