Liquidations

This guide explains official perpetual funding clocks, mark-price liquidations, security funds, and auto-deleveraging around 8:30 a.m. Eastern CPI and PPI prints, using OKX and Bybit documents without inventing fees.

Bitcoin traded into the mid-to-low $73,000s after a hotter-than-expected October CPI, with first-hour long liquidations and higher Treasury yields. This article records the official print, Farside ETF outflows and the December policy path.