Bitcoin dropped below $81,000, hitting $80,350, its lowest since September 18, before recovering to around $82,500. This decline triggered over $1.1 billion in crypto liquidations in 24 hours, with long positions accounting for $1.05 billion of that total. Short-term holders transferred 55,600 BTC to exchanges at a loss, behavior that can signal short-term capitulation. The US government moved over 12,000 BTC it had previously seized, a transfer that could potentially increase market selling pressure.
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