Key Notes

Wallets inactive for 3-5 years transferred 32,322 BTC worth $3.9 billion, marking the year's largest dormant movement.

The selloff triggered $620 million in crypto liquidations, with 74% coming from long positions across the market.

Bulls reduced liquidation losses from 74% to 55% within hours, signaling potential stabilization around $120,000 support.

Bitcoin BTC $122 079 24h volatility: 2.5% Market cap: $2.44 T Vol. 24h: $77.35 B price touched new all-time highs above $126,192 on Monday, October 6, before retreating 4% toward $120,000 amid intense profit-taking on Tuesday. On-chain data shows the pullback coincided with unusual activity from dormant wallets, while derivatives indicators point to early rebound prospects.

As Bitcoin corrected 4

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