Bitcoin's drop to $62,300 triggers a market-wide correction, with $230 million in liquidations as FTX secures approval for a massive $16 billion user repayment plan. A mysterious whale moves 4,000 BTC worth $255 million, adding to the market tension. Meanwhile, NFT momentum builds as Bitcoin Puppets leads with $392.85K in daily volume, and SUI token surges 142% despite overall market downturn.

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