Bitcoin CEX Inflow Soars on the 27th, Whale Cluster Actively Selling

BlockBeats News, April 29th, according to CryptoQuant analyst Woominkyu, on April 27th, Bitcoin's CEX net inflow surged to 9,905 BTC, marking the largest single-day net inflow in the past 30 days, which also prevented the Bitcoin price from effectively breaking through the resistance level.

Woominkyu stated that the most concerning signal was the CEX Whale Ratio, which soared to 0.707 on April 27th, the highest reading in over a week. This indicates that the top 10 inflow transactions accounted for over 70% of all recharge volume—clearly indicating that whales are actively moving tokens to CEX, likely preparing for distribution.

Woominkyu believes that the influx dominated by whales, combined with the rising CEX reserves, suggests that smart money is preparing to sell on rallies. Unless this influx is quickly absorbed, the likelihood of a short-term retest of the $74,000 to $75,000 support zone is significantly increasing.