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Analyst: CEX Bitcoin inflow remains at recent normal levels, with no signs of large-scale selling pressure in the rebound.

BlockBeats News, September 9 — CryptoQuant analyst Woominkyu stated that Bitcoin closed at $78,450 on September 8, following a sustained rebound from around the $60,000 level seen earlier this summer. However, there has been no corresponding notable increase in large capital inflows to spot trading platforms.


On September 8, the top ten large inflows to spot trading platforms totaled 5,442 BTC. While this figure represents a 4.4-fold increase from the previous day, it is only 5.1% higher than the 30-day average. Meanwhile, the average inflow over the past 7 days stood at 4,678 BTC, still below the multiple highs recorded earlier this year.


Looking at the longer-term chart, this round of Bitcoin price rebound has not been accompanied by abnormally high levels of large BTC deposits to trading platforms. To some extent, this suggests that there is currently no clear evidence indicating that potential sustained selling pressure is significantly increasing due to large transfers.


The signal to watch next is: if Bitcoin price weakens while the 7-day average inflow to trading platforms continues to rise, it may indicate that potential selling pressure is building. For now, the rebound in platform deposits on September 8 appears more like a return to recent normal levels rather than an abnormal surge in large-scale capital inflows.

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