{"id":2575,"date":"2026-04-22T16:11:32","date_gmt":"2026-04-22T16:11:32","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=2575"},"modified":"2026-04-22T16:11:32","modified_gmt":"2026-04-22T16:11:32","slug":"bitcoin-inflows-to-deposit-wallets-surge-to-bear-market-levels-and-raise-concerns-about-market-exhaustion","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/04\/22\/bitcoin-inflows-to-deposit-wallets-surge-to-bear-market-levels-and-raise-concerns-about-market-exhaustion\/","title":{"rendered":"Bitcoin Inflows to Deposit Wallets Surge to Bear Market Levels and Raise Concerns About Market Exhaustion"},"content":{"rendered":"\n
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At the moment, even small price movements are enough to swing sentiment from fear to optimism, without altering the broader short term trend.<\/p>\n\n\n\n

Over 106,000 BTC moved into Binance deposit addresses on April 21, while approximately 130,000 BTC flowed into OKX. These volumes have not been seen since the final phase of the previous bear market, according to on chain analyst Darkfost. The timing is notable, as Bitcoin has been trading sideways for nearly three months, suggesting that the market may be losing patience before sellers are fully exhausted.<\/p>\n\n\n\n

What the Exchange Inflows Indicate<\/strong><\/p>\n\n\n\n

To put the figures into perspective, Binance typically records about 44,000 BTC in daily deposit inflows over the year, while OKX averages around 74,000 BTC. This means Tuesday\u2019s figures were more than twice the usual levels on both exchanges.<\/p>\n\n\n\n

Darkfost explained that these inflows are meaningful. When investors intend to sell, their Bitcoin is first sent to deposit addresses before being transferred into the exchange\u2019s operational wallets. This surge therefore reflects holders preparing to sell rather than random activity.<\/p>\n\n\n\n

He also noted that traders appear uncertain, torn between optimism for a new upward trend and fear of further losses.<\/p>\n\n\n\n

However, the situation is not entirely bearish. Darkfost pointed out that in the current environment, even small price changes can quickly shift sentiment from extreme fear to strong optimism, while the broader short term trend remains unchanged.<\/p>\n\n\n\n

He summarized this idea by noting that markets are not always disrupted by volatility, but can instead become worn out by prolonged consolidation.<\/p>\n\n\n\n

Looking at derivatives data from the same 24 hour period, more than 112,000 traders incurred losses totaling about 277 million dollars. The largest single loss was a 6.43 million dollar Bitcoin position on Hyperliquid.<\/p>\n\n\n\n

Macro Pressure Affecting Bitcoin<\/strong><\/p>\n\n\n\n

The three month trading range has been heavily influenced by geopolitical developments. Bitcoin moved from below 70,500 dollars to 75,000 dollars during ceasefire discussions in the week of April 14, briefly climbed to 76,000 dollars, and then spent several days fluctuating between 73,500 and 75,600 dollars before the reopening of the Strait of Hormuz pushed prices higher again.<\/p>\n\n\n\n

However, tensions escalated once more as the United States and Iran resumed strikes over the weekend after Iran closed the Strait of Hormuz again. Bitcoin had briefly reached 78,400 dollars, its highest level in ten weeks, following positive remarks from Donald Trump regarding peace talks. It later pulled back after Iran rejected those claims and military activity resumed.<\/p>\n\n\n\n

Currently, Bitcoin is trading above 76,000 dollars, up more than 2 percent over the past week, according to CoinGecko data. Gains are stronger over longer periods, with increases of more than 11 percent over two weeks and 10 percent over the past month. Despite this, it remains nearly 13 percent lower than its level a year ago and about 40 percent below its all time high of over 126,000 dollars reached in October 2025.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

At the moment, even small price movements are enough to swing sentiment from fear to optimism, without altering the broader short term trend. Over 106,000 BTC...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2575","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=2575"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2575\/revisions"}],"predecessor-version":[{"id":2577,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2575\/revisions\/2577"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=2575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=2575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=2575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}