Recently, frequent risk incidents in the crypto circle have caused obvious market volatility. Bitcoin prices have plummeted, breaking below 90,000, triggering a chain reaction that forced liquidation of 127,700 traders, with total losses reaching $460 million. Meanwhile, law enforcement actions are also intensifying— the founder of a leading group was arrested for illegal activities, and authorities confiscated Bitcoin illicit gains worth 15 billion. On the other hand, 60 promoters involved in the Rafi protocol scam have also been apprehended.
These series of events reflect two major market risks: first, the risk of leveraged liquidation caused by price fluctuations; second, the emergence of numerous scam traps. For most participants, a prudent approach under the current circumstances is to stay cautious. Avoid blindly increasing leverage, be vigilant against various scam projects, and prioritize risk management. The market always offers opportunities, but the prerequisite is to survive long enough to see them.
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FlatTax
· 01-11 07:49
Leverage liquidations are all greedy ghosts, they deserve it.
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150 billion in Bitcoin confiscated? How many people will be crying to death...
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Another wave of scams, I advise everyone not to touch projects they don't understand.
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That's how the crypto world is, you can't make money without risk, but with risk, you lose everything.
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Looking at this situation, it's better to just hold coins honestly.
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460 million USD evaporated overnight, this is the power of leverage, brothers.
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Still want to buy the dip? First, stay alive.
View OriginalReply0
RektCoaster
· 01-09 17:43
Here we go again... The leverage traders are in trouble again
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1.5 billion Bitcoin confiscated, this wave of law enforcement is really fierce
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Sounds nice, but actually just don’t touch leverage and don’t get scammed, staying alive is the real profit
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Another wave of scams, this circle really has everything
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The 120,000 people who got liquidated are probably crying now... that’s the price of greed
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Wait, the mastermind behind the Lafie Protocol was caught? This is getting interesting
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Risk management? Ha, most people can’t even do that
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Why does Bitcoin dropping below 90,000 feel so exciting?
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Living to see the opportunity is the truth, but you have to survive until then
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Leverage again, scams again, the crypto circle is always playing this show
View OriginalReply0
ConsensusBot
· 01-09 01:42
Another wave of liquidations is coming, 15 billion confiscated, now that’s satisfying
Leverage is truly a devil, greed disappears in a second
Lafie Protocol? Never heard of it, there are really too many scammers in this circle
I’ve been honestly holding onto my assets without using leverage all this time
400 million instantly evaporated, just thinking about it is terrifying
Forced liquidation also means losing money, oh my God
60 people arrested for scams, this is what should be done
Risk management? Most people probably don’t take it seriously at all
Being able to see the next bull market alive is already good
This time, the alarm bells really rang loud enough
View OriginalReply0
OfflineNewbie
· 01-09 01:39
Another wave of liquidation, 127,700 people sacrificed, this is the daily life of the crypto circle.
Leverage is really poison; if you can't play, just honestly HODL.
150 billion Bitcoin confiscated? The law enforcement力度 this time is a bit harsh, it seems the authorities are really going to clean up.
Scam projects are emerging one after another, I just want to ask who hasn't been cut yet?
Living is more important than making money, this sentence must be engraved in your mind.
Risk management comes first, but most people just can't do it.
Looking at this momentum, it seems the bottom hasn't arrived yet, keep waiting.
The promoters of the Lafie protocol have been caught, indicating that regulation is really taking action.
$460 million evaporated instantly, how many people can't sleep?
Will it continue after falling below 90,000? It feels like some are still bottom-fishing.
Don't ask me how I know, I'm just a pure leek.
View OriginalReply0
RealYieldWizard
· 01-09 01:33
Leverage players should wake up now, $460 million is gone just like that
It's both scams and liquidations; these pitfalls in the crypto world are really unpredictable
$15 billion worth of Bitcoin confiscated? This is the real lesson in risk management
But on the other hand, breaking below 90,000 is the true buying opportunity...
Being alive to see the opportunity is more important than anything else, this statement is so realistic
There are so many scammers, why are people still willing to get involved in these broken projects
12,770 people liquidated; luckily I didn't use leverage, cold sweat
The crypto world always has those who make money and those who lose money, no middle ground
After this wave, another group of newcomers will probably enter the market to buy the dip...
Risk management is really the first priority, otherwise it’s just emptying the water with a bamboo basket
Recently, frequent risk incidents in the crypto circle have caused obvious market volatility. Bitcoin prices have plummeted, breaking below 90,000, triggering a chain reaction that forced liquidation of 127,700 traders, with total losses reaching $460 million. Meanwhile, law enforcement actions are also intensifying— the founder of a leading group was arrested for illegal activities, and authorities confiscated Bitcoin illicit gains worth 15 billion. On the other hand, 60 promoters involved in the Rafi protocol scam have also been apprehended.
These series of events reflect two major market risks: first, the risk of leveraged liquidation caused by price fluctuations; second, the emergence of numerous scam traps. For most participants, a prudent approach under the current circumstances is to stay cautious. Avoid blindly increasing leverage, be vigilant against various scam projects, and prioritize risk management. The market always offers opportunities, but the prerequisite is to survive long enough to see them.