Bitcoin (BTC) Exchange Net Inflows Hit 6,639 BTC With Price Near $80K

Exchange Deposits Build for a Second Day

Bitcoin (BTC) spent the past week drifting rather than falling, and the market walked into Tuesday already cautious: the Fear and Greed Index had slid to 48, down from 50 a day earlier and 55 last week, a reading that is neutral on paper but thinning in direction. The Bitcoin price answered with little more than a nudge, standing at $79,819 at the time of writing, up 0.1% over 24 hours and still shy of a round $80,000. The sharper movement sat on the supply side. Exchange-flow data recorded net deposits of 6,639 BTC, a second consecutive day of inflows after 902 BTC arrived the day before, lifting coins held on trading venues to 2,505,424 BTC. That balance is the inventory most readily offered for sale, so the build adds near-term supply weight, though a deposit alone does not prove an intent to sell; coins that stay off exchanges reflect the opposite posture, a settled HODL base that keeps supply out of immediate reach. Activity expanded far beyond price: turnover jumped 70.68% from the previous day to about $26.57 billion, so buyers and sellers met in size while the tape went nowhere. The daily change was logged at -0.40%, and the spent-output profit ratio, which tracks whether sellers are closing in gain or loss, read 1.0057, barely above its break-even line of 1 and unchanged from the prior day, meaning selling pressure neither built nor eased. Some of the deposit flow may be large holders repositioning rather than fresh selling; a whale moving coins between custody and a venue can inflate deposit tallies without a single sell order behind them. Bitcoin's share of the broader market eased to 60.04%, a shift too small to confirm rotation into altcoins, and network activity did pick up, with active wallets rising to 612,514 from 539,705, but wallet movement is not demand, and the price line above made that distinction plain.

A Downtrend That Refuses to Accelerate

The five-session tape explains the restraint. Market data shows daily closes of -0.28% on October 23, -0.37% on October 24, -0.91% on October 25, essentially flat on October 26 and -0.40% on Tuesday, a steady, low-grade downtrend whose losses are not accelerating but which has yet to print a single confirmation of a turn. Momentum gauges disagree on the horizon: the daily MACD printed -593 while the weekly read +2123, short-term weakness sitting inside a medium-term advance, which leaves the trend question genuinely open. Derivatives added a mild cost to the long side as funding firmed from +0.0049% to +0.0100% early in the session, an annualized burden of roughly 11% carried by positions leaning long, evidence of renewed directional demand though not yet of overheating. Attention moved the other way: search interest scored 71 against 88 the day before, so trading grew busier while wider public interest thinned, a mix more typical of established holders repositioning than of new money arriving. Equities rose and gold slipped over the same window, a backdrop that ordinarily favors risk assets, yet the bid did not extend, which argues the hesitation sits in the coin's own supply picture rather than in macro conditions. The pattern fits our earlier reporting that short-term holder profit share has slid to 70% from near 100% in a month, which leaves the newest cohort of buyers with far less cushion, and it also fits separate tracking of whale inflows to Binance falling 35.6% over two months. That second series cuts both ways: fewer large deposits ease immediate sell pressure, but they make Tuesday's net inflow, equal to roughly $530 million at current levels, stand out more sharply against a quieter background.

The Levels Around $78,068

Our composite scoring frames the standoff in levels. Spot at $79,819 sits above the strongest support on the board at $78,068, scored 98 out of 100, while the first resistance band at $81,037 carries a score of 86, and the trend tag still reads downtrend with RSI at 40.29. Positioning leans long: open interest stands at $16.14 billion and 71.2% of accounts are long, a 2.48 ratio, a book that still remembers the recent liquidation wave that cleared $152.97 million when the squeeze flipped to shorts. The reading stands while the $78,068 shelf holds; a daily close above $81,037 would argue the inflow supply is being absorbed, while losing that support would turn Tuesday's deposits from potential into realized selling. The full Bitcoin (BTC) technical analysis is tracked live.