CoinMeta Data: According to analyst Darkfost reported by CryptoQuant, due to U.S. inflation data exceeding expectations, the Binance platform liquidated over $106 million in Ethereum (ETH) long positions within one hour, setting a new record for the largest single-hour liquidation in nearly six months. He pointed out that currently, the trading volume of crypto futures is about nine times that of spot trading, which increases the market's vulnerability to economic shocks. At the same time, market expectations for another interest rate hike by the Federal Reserve rose from 17% to nearly 30% within a week, further increasing the pressure on leveraged crypto traders.