According to U.Today, Bitcoin, Ether, and XRP caused a 2,633% liquidation imbalance for crypto shorts despite sticky US inflation and a short‑term rise in Treasury yields to 5.2%. The assets showed little reaction to the inflation pressure while Treasury yields increased modestly.
The imbalance reflects how market participants who had positioned against these major cryptocurrencies experienced extreme liquidation levels relative to their notional exposure. No additional quantitative details or participant quotes are provided.
