2026-01-09 08:24:19

The cryptocurrency market has been turbulent in recent days. On January 8th, Bitcoin dropped below the $90,000 mark during trading, reaching a low of $89,600. Ethereum and XRP also experienced significant declines, and many traders felt the impact of this market movement.

At the same time, U.S. Treasury Secretary Yellen stated in an interview with Fox Business that the government plans to include confiscated Bitcoin in its strategic reserves and explicitly said it would not sell these assets—just hold the confiscated assets and not conduct purchases on the open market. This signal was quite clear.

According to exchange data, the total liquidations within 24 hours reached approximately $460 million, with statistics from platforms like Coinglass being largely consistent. The number of affected traders was around 127,000. Due to slight differences in data collection methods across platforms, the overall scale is roughly in this range.

Market fluctuations are unpredictable, and risks and opportunities often coexist. Traders should practice proper risk management and make rational judgments.

BTC-0,07%

ETH0,19%

XRP-2,53%

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PerpetualLonger

· 7h ago

The bottom signal has arrived. This is the last chance. Go all-in and hold steady.

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SchrodingerAirdrop

· 13h ago

46 million liquidation, 127,000 people buried with the coins, this is the crypto world. --- BenSent's recent move is actually quite positive; the government isn't selling but accumulating, but I'm just worried it sounds too good to be true. --- It dropped below 90,000 again. I just want to ask how many people bought in at 95,000. --- Risk management? Brother, you're so right. My risk is just not managing myself. --- At times like these, you can see who truly believes and who is just gambling. --- 127,000 liquidations mean there are 127,000 stories to tell. --- The US government is starting to accumulate coins, while retail investors are still trapped. What a gap. --- It’s fallen so hard; the bottom should be near, right?

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gas_fee_therapy

· 01-09 11:02

Another wave of liquidations, this time whose blood will flow like a river? What does Bessent mean by that? I'm only relieved if the government doesn't dump the market. 4.6 billion in liquidations, 127,000 people... these numbers just hurt to look at. That 89,600 surge, during the bull run of the bears. If it breaks 90,000, we’ll have to see where the support is below. This is why I only hold steady positions; leverage really is the devil. The government hoarding Bitcoin? Then retail investors must be even more steadfast in their faith. Both falling and rising, the retail traders are still betting on the next wave. Bessent's point is... long-term bullish?

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CryptoFortuneTeller

· 01-09 08:54

127,000 people liquidated, this time really harsh. But to be fair, the government's move to hold Bitcoin should be a long-term positive, right?

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ForkTrooper

· 01-09 08:49

46 million liquidation, 127,000 people buried with them, this wave is really brutal Bessent's words sound good, but will the government really hold and not sell? Let's see first When 90,000 breaks, you'll know how fierce this market is. Contract brothers need to learn to cut losses The US government holding Bitcoin as reserves, this logic is really absurd Falling to 8.96, is there anyone still buying the dip? I really don't quite understand this move Everyone can talk about risk management, but at critical moments, luck still plays a role The government entering the market and holding positions, maybe this signal isn't so bad in the long run? $460 million lost in one night, I feel sorry for those 120,000+ people

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DegenDreamer

· 01-09 08:47

460 million liquidation, 127,000 people perished... This wave is really intense, leveraged players should wake up.

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HodlOrRegret

· 01-09 08:31

460 million liquidation, 127,000 people wiped out—that's real market education.

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LiquidationTherapist

· 01-09 08:29

Another liquidation day, 127,000 people are playing mahjong. --- The government is not selling BTC but instead including it in strategic reserves? What does this imply? --- What does it matter if $90,000 is broken? It should have fallen long ago. --- Liquidations amount to 460 million, that number sounds a bit scary. --- Besent's words imply something—holding without buying means a long-term optimistic view. --- Here comes the usual risk management and rational judgment; those who should have listened already did. --- It's really outrageous that XRP is falling in line, just like being dragged into the water. --- Every time, it's said that opportunities coexist, but most people only see the risks. --- At this moment, 127,000 liquidation accounts are probably re-evaluating their lives. --- The US government holding Bitcoin as reserve assets? This development is interesting.

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