In the past hour, total liquidations across the network reached $51.78 million, with $5.56 million from long positions, with $46.22 million from short positions. BTC liquidation $30.96 million, ETH liquidation $10.28 million.

BlockBeats message, October 9, according to U.S. media reports, U.S. Treasury Secretary Scott Bessent said that the Trump administration is upgrading its 'maximum pressure' on Iran to an 'absolute isolation' campaign. In addition to financial sanctions, it will further restrict Iran's access to international markets, transportation networks, and financial resources through measures such as maritime blockades, restrictions on air transport, and cutting off land routes.

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BlockBeats message, October 9, U.S. Bank strategist Michael Hartnett said that as of the week ending October 7, money market funds attracted $166.4 billion in inflows, the largest single-week amount since April 2020. At the same time, bond funds and stock funds respectively received $33.8 billion and $12.4 billion in inflows, indicating that investors are significantly increasing their allocation to cash assets.

Odaily Planet Daily News: Michael Hartnett, a strategist at Bank of America, said that in the week ending October 7, money market funds attracted $166.4 billion in inflows, the largest single-week amount since April 2020. He believes that as long as the Federal Reserve does not initiate a sustained and obvious monetary easing, this money will be difficult to leave cash assets in the short term. Hartnett summarized the current fund logic in one sentence: "No rate cuts, no reduction in cash." Unlike the common judgment that excessive cash would eventually flow into the stock market, he believes that the current high level of cash does not necessarily mean there is a large potential buyer for the stock market in the future, because cash itself can already provide a relatively attractive yield. The market now expects that the next Fed rate hike is more likely to occur in December rather than the October meeting. The interest rate market also includes the possibility of continued tightening in the coming months. In this environment, cash is no longer a "waiting asset" with almost no returns. Money market funds and short-term bonds can provide higher interest rates, while price volatility is significantly lower than stocks and long-term bonds, so investors have no clear incentive to take on more risk.