Bitcoin STH Profit to Exchanges Hits 63K BTC on April 14, Highest Since Jan. 14

Bitcoin-STH-Profit-to-Exchanges-Hits-63K-BTC-on-April-14-Highest-Since-Jan-14

Bitcoin may be entering its first clear profit-taking wave after reclaiming the $75,000 level.

On April 14, short-term holder profit sent to exchanges rose to 63,000 BTC, the highest reading since January 14, when it reached 44,800 BTC. 
That suggests recent buyers are beginning to lock in gains as price pushes higher.

The move is also showing up on Binance flows. 
On the same day, the 1D–1W holder cohort sent nearly 2,000 BTC to Binance, indicating that freshly accumulated coins are starting to return to exchanges.

Together, the two signals suggest the rally is still intact, but it is now meeting its first meaningful round of short-term distribution.