Bitcoin spot exchange inflows remain at recent normal levels, with no sign of significant sell pressure.

ME News reports that on September 9 (UTC+8), CryptoQuant analyst Woominkyu stated that Bitcoin closed at $78,450 on September 8, following a sustained rebound from around $60,000 earlier this summer. However, there has been no corresponding significant increase in large inflows to spot exchanges. On September 8, the top ten large inflows to spot exchanges totaled 5,442 BTC. Although this figure increased 4.4 times compared to the previous day, it was only 5.1% higher than the 30-day average. Meanwhile, the 7-day average inflow stood at 4,678 BTC, still below multiple peaks observed earlier this year. Looking at the longer-term trend, this Bitcoin price rebound has not been accompanied by abnormally high levels of large BTC deposits into exchanges. This suggests there is currently no clear evidence of significantly increasing persistent selling pressure due to large transfers. The next signal to monitor is whether the 7-day average exchange inflow continues to rise while Bitcoin’s price weakens—this could indicate growing underlying selling pressure. At present, the rebound in exchange deposits on September 8 appears more like a return to recent normal levels rather than an abnormal surge in capital inflows. (Source: BlockBeats)