Bitcoin exchange inflows have surged in recent weeks, reflecting rising selling pressure as BTC fell below 112,000 USD. A significant number of coins were sent to exchanges, noted by analysts as a move driven by short-term holders and whales alike.
On August 1, 2025, a record 40,000 BTC were sent to exchanges at a loss, intensifying bearish market sentiment. With the Exchange Whale Ratio indicating dominance by large investors, the market may continue facing downward pressure in the near term.
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