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CryptoQuant: Bitcoin’s rebound faces profit-taking pressure as exchange inflows surge

CryptoQuant: Bitcoin’s rebound faces profit-taking pressure as exchange inflows surge

金色财经金色财经2026/04/15 22:53
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Jinse Finance reports that on April 16, CryptoQuant stated that Bitcoin's recent rebound is facing increasing selling pressure risks, as on-chain data shows a significant rise in capital inflows to exchanges. Bitcoin previously broke above $76,000, but faced resistance and retreated near the key resistance range of around $76,800. This level corresponds to the “on-chain realized price” zone, which has often marked the top of rebounds in history because many investors, whose holdings are close to breaking even, tend to sell at this point. Data shows that the hourly number of Bitcoins flowing into exchanges has risen to about 11,000 (UTC+8), the highest level since late 2025, and this is usually seen as a potential sell-off signal. At the same time, the scale of large holders (whales) transferring Bitcoin into exchanges is also expanding. Analysts believe that if this resistance remains effective, Bitcoin may face short-term correction pressure, with the key support below near $67,600.
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