The Wolf Of All Streets Major Bitcoin Setback As 182,000 Traders Are Wiped Out!
Jan 21, 2026
Chris Perkins, President of CoinFund and crypto strategist, dives into the tumultuous state of Bitcoin and the crypto market. He discusses the $1 billion in liquidations that wiped out 182,000 traders amid market pressures. Perkins highlights Bitcoin's unique identity as a frontier asset versus digital gold. The conversation explores macro factors driving selling, the potential of blockchain in countering de-globalization, and the complexities of upcoming U.S. regulatory bills. Insights on stablecoins and institutional participation also take center stage.
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Mass Liquidations On A Calm Move
- Scott notes 182,000 traders were liquidated and over $1 billion wiped out during a quiet volatility move.
- He compares that to FTX and the October 10th liquidation event to show scale of recent damage.
Uncertainty Fuels Bitcoin Volatility
- Global geopolitical uncertainty is a major driver of Bitcoin's near-term volatility and retail/institutional behavior.
- Bitcoin remains a hybrid between frontier risk asset and prospective digital gold, delaying its stabilizing identity.
Retail To Institutional Flippening
- The market is undergoing a flippening from retail dominance to institutional participation.
- Institutions need regulatory clarity and onshore market structure to enter at scale.