PANews|Aug 29, 2026 16:01
[Analyst: Bitcoin Exchange Inflows Surge as It Tests $80,000]
CryptoQuant analyst Darkfost stated that Bitcoin inflows to exchanges have surged sharply over the past 7 days, peaking as BTC attempts to break through the $80,000 mark. Binance leads with an average daily inflow of 10,700 BTC, followed by Coinbase Advanced with 7,100 BTC, and Kraken and OKX both exceeding 2,000 BTC daily. He pointed out that $80,000 represents the average cost basis of all capital invested in BTC, serving as a critical breakeven point where many investors opt to lock in small profits or set stop-losses. As BTC prices pull back, selling pressure is diminishing. If this selling pressure continues to ease, Bitcoin may soon retest this resistance level.
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