Bitcoin Exchange Inflows Surge as Price Tests $80K

The inflow spike at a key psychological level suggests some holders are de-risking into strength, which could cap near-term upside if sustained. This matters because exchange balances are a proxy for immediate sell intent, and a test of $80K with rising inflows often marks a tug-of-war between new buyers and existing holders taking profits. The open question is whether these inflows are a one-off distribution event or the start of a broader trend—watch whether outflows resume or balances keep climbing as price action unfolds.