Overview: What’s Driving the Turbulence?

1. Major Liquidations Across Crypto Platforms

A sharp rise in U.S. inflation triggered widespread liquidations in the crypto space. Over the last 24 hours alone, more than $1 billion in leveraged positions were liquidated. While Ethereum (≈ $349M) and Bitcoin (≈ $177M) were hit hardest, Binance accounted for $249.9 million of that total—ranking second only to Bybit.#MarketTurbulence #REVABinanceTGE #BinanceHODLerTree #CPIWatch #HotJulyPPI