2026-01-09 06:30:30

The recent cryptocurrency market has indeed been somewhat volatile. On January 8th, Bitcoin briefly dropped below $90,000, Ethereum fell nearly 5%, and XRP experienced an even larger decline of close to 8%. This wave of declines triggered a large number of liquidations, with over $415 million in total contract liquidations across the network in the past 24 hours, and more than 120,000 traders being liquidated.

But the story in the market is not just about price fluctuations. CME has taken new actions, marking the third time it has increased margin requirements for futures contracts on gold, silver, platinum, palladium, and other commodities, reflecting institutional emphasis on risk management.

On the technical front, there have been some positive signals. Ethereum founder Vitalik Buterin recently stated that by combining PeerDAS and ZKP solutions, Ethereum’s scalability could be improved by thousands of times without sacrificing decentralization. This is highly significant for ecosystem development.

Additionally, prediction market platform Polymarket recently partnered with Dow Jones and The Wall Street Journal to integrate trading data into these mainstream institutional news feeds. This move is quite interesting, indicating that prediction markets are gradually gaining recognition from traditional financial institutions, and ecosystem applications are continuously expanding.

BTC1,29%

ETH0,88%

XRP-0,62%

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MetaverseVagrant

· 01-11 12:12

It's another feast of liquidations, with 120,000 people wiped out—quite spectacular. Whether Vitalik's scalability solution is reliable or not, we'll see after it launches. Polymarket teaming up with Wall Street... institutions are really here. I still think the technical fundamentals are stronger in this dip; it's not surprising that Bitcoin fell below 90,000. Liquidations are liquidations; ecosystem development is the long-term focus. Damn, both margin and liquidation again—institutions are really trying to position themselves this time. Thousands of times scalability? Sounds a bit doubtful, but if it really happens, it would be incredible. Integrating prediction markets into mainstream news feeds... this is indeed a signal of a turning point.

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GasSavingMaster

· 01-09 07:00

$415 million liquidation... 120,000 people trapped, this is the legendary feast of the retail investors. Institutions are adding margin, retail investors are being liquidated, this is always the situation. Vitalik talks about thousands of times scalability, I just want to ask when it will truly be usable, not just on paper. Polymarket integrating with mainstream media is quite interesting; it seems traditional finance is starting to take Web3 seriously. However, how much trust can it really have? Bitcoin falling below 90,000 definitely triggered many stop-losses. In my opinion, it still depends on whether it can recover later.

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Layer2Observer

· 01-09 06:43

$415 million liquidation... It's the same old trick of harvesting. But the combination of PeerDAS and ZKP from Vitalik's side is indeed worth a look; the technical approach needs further validation of its effectiveness.

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token_therapist

· 01-09 06:39

$415 million liquidation, 120,000 traders' dreams shattered—this is crypto. Vitalik's recent comments are really on point; the idea of increasing scalability by thousands of times sounds incredible. CME has raised margin requirements three times in a row; institutions are playing chess. Polymarket is partnering with The Wall Street Journal; the prediction market is about to take off. Once again, the price drops below 90,000. Is this time different, or just the usual routine? What are those who got liquidated thinking? They just had to play with leverage. ZKP and PeerDAS stacking buffs—Ethereum is about to turn things around? Traditional finance entering the scene is a different game; Polymarket's move is brilliant. After consecutive drops in these coins, it feels like a shakeout is coming. Institutional risk control awareness is strengthening, while retail investors are still dreaming.

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FomoAnxiety

· 01-09 06:35

120,000 liquidations, this is the gentle side of the market Wait, Vitalik says scalability can be increased by thousands of times? I've heard that statement too many times Polymarket's collaboration with The Wall Street Journal, this is the real signal

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