우민규 Woominkyu
Bitcoin Near $80K Without a Surge in Large Exchange Deposits
Bitcoin closed at $78,450 on September 8, following its recovery from around $60,000 earlier in the summer. Large deposits to spot exchanges, however, have not shown a comparable surge. CryptoQuant’s daily top-10 spot-exchange inflows reached 5,442 BTC on September 8. Although this was 4.4 times the previous day’s level, it was only 5.1% above the preceding 30-day average. The seven-day average stood at 4,678 BTC—below several peaks seen earlier this year. The broader chart suggests that the latest price recovery has not coincided with unusually elevated large-deposit activity. This provides limited evidence of a sustained increase in potential selling pressure from large transfers. The next signal to watch is whether the seven-day inflow average rises persistently while price weakens. For now, the September 8 rebound in deposits looks more like a return toward recent norms than an exceptional spike.