Bitcoin is currently trading accurately around $80,458. The market is experiencing heavy pressure driven by a massive flush of high-leverage long positions, with over $97.53 million liquidated in the last 24 hours alone. Adding to the bearish sentiment, US spot Bitcoin ETFs recorded a net outflow of roughly $268.5 million recently. Retail is spooked, but on-chain data suggests this "dip" is exactly what institutional players were waiting for to fill their cold storage.

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