đ Check the On-chain Metric of the Day.
Bitcoin Spot Exchange Inflow. —ïž
#Bitcoin Metric of the Day: Spot Exchange Inflow.
PastâŻ24âŻh: 61,200âŻBTC moved onto spot exchanges (+1âŻ067âŻ% vs. yesterday, 24âŻĂ 7âday avg)
đ Meaning:
A wave of coins hitting exchanges usually signals wallets getting ready to sell. —ïž
đ Context:
The last spike of this size (MarchâŻ2024) was followed by an 8âŻââŻ12âŻ% dip within 48âŻh.
đ§ Why it matters:
Large holders rarely send funds to spot venues unless they plan to liquidate or rotate. The move arrives just after the price slipped from 123k to 116.8k, suggesting profitâtaking pressure.
đ
Bitcoin price: 116.8âŻkâ
Support: 115âŻkâ
Resistance: 120âŻk
Hit đ if you want a live followâup thread when the next inflow cluster hits.

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