Cryptocurrency markets have sold off prior to the CPI data release on Wednesday, with major meme coins being hit particularly hard. Prices as of 3.30 p.m. ET: Notable Statistics: Coinglass data shows 104,055 traders liquidated in the past 24 hours, with total liquidations at $270.1 million. Bitcoin’s open interest at $36 billion has continued to remain high since April 12.IntoTheBlock data reports a 66.6% surge in large transaction volume, alongside a 9.6% increase in daily active addresses. Transactions greater than $100,000 increased from 5,027 transactions on June 9 to 7,782 transactions on…
