Bitcoin (BTC) is facing renewed downward pressure as more traders signal intentions to offload the asset amid intensifying bearish conditions.
Data shows that more than 10,000 BTC, worth nearly $1 billion, flowed onto crypto exchanges within 72 hours, according to insights from Santiment shared by analyst Ali Martinez on November 16.
Bitcoin exchange transfers. Source: Santiment
The sharp spike in exchange inflows is raising concerns about increased selling activity at a time when market sentiment is already fragile.
Notably, this pattern is often associated with investors preparing to sell. Inflows have risen sharply, coinciding with short-term price drops, while overall exchange supply has edged higher after months of decline.
This shift is widely considered a bearish catalyst. Large inflows boost liquidity and heighten the risk of aggressive sell-offs, especially as Bitcoin struggles to hold key support levels.
Historically, heavy inflows have closely aligned with rap
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