Bitcoin was trading at $82,400 on Tuesday after losing 4% over the past week. U.S. government transfers to Coinbase Prime totaled 17,733 BTC and 750 WBTC, worth approximately $1.54 billion, over three days according to reports. Additional transfers of roughly 9,261 BTC valued near $770 million were identified on October 7–8, including coins tied to the Bitfinex hack. Bitcoin briefly fell to about $80,500 while crypto liquidations topped $1 billion in 24 hours, with $930 million coming from long positions. Treasury yields near 5.34%, a stronger dollar, and oil-market pressure also contributed to risk-asset weakness.
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