KOL Predicts Market Drop as US Supreme Court May Rule Trump Tariffs Illegal on January 10

KuCoinFlash

Release Time: 01/07/2026 10:01:19

Summary

On-chain data shows that crypto KOL Wimar.X warned that January 10 could trigger a major market drop if the U.S. Supreme Court rules Trump-era tariffs illegal. Polymarket gives the event a 78% chance, with potential refunds up to $600 billion. On-chain analysis suggests significant market reactions, though some traders view it as a short-term opportunity rather than a crash.

BlockBeats news: On January 7, crypto KOL Wimar.X (@DefiWimar) posted that January 10 (this Friday) could become the "worst day" of the market this year, as the U.S. Supreme Court may rule Trump's tariffs illegal (currently, the probability of this event on Polymarket is as high as 78%), potentially triggering a crash in U.S. stocks, cryptocurrencies, and bonds.

Wimar.X believes that historical cases show that "unlawful tariff determinations" could trigger massive tariff refunds (Wimar.X claims the maximum amount could reach up to 600 billion U.S. dollars), and this process usually requires years of case-by-case litigation, resulting in non-immediate cash flow impacts.

It is worth noting that community members believe the scale of tariff refunds mentioned in the article is exaggerated, and the resulting market volatility will present an opportunity for trading rather than a crash. Tom Lee also shared the article and commented, "This could be a contrarian signal."

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