Cryptoquant Data Shows Whale Deposits at Highest Level Since July 2024 Near Bitcoin Key Resistance
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Cryptoquant Data Shows Whale Deposits at Highest Level Since July 2024 Near Bitcoin Key Resistance
"Bitcoin is testing Cryptoquant's Traders' Realized Price at $76,800, a resistance level that capped the January 2026 rally. Hourly bitcoin exchange inflows hit 11,000 BTC on April 15, 2026, the highest reading since late December 2025."
"Cryptoquant data shows daily realized profits near $500M, with the $1B threshold signaling a potential local top ahead. The recovery has been supported by a temporary de-escalation in U.S.-Iran tensions and weakness in the U.S. dollar."
"The lower band of the Traders' Realized Price sits near $67,600, which now functions as the primary support level if the current resistance holds. The same dynamic played out during the January 2026 rally before prices reversed."
Bitcoin has reached $76,000, nearing a critical resistance level at $76,800 identified by Cryptoquant. This level has previously halted bear market recoveries. Recent data shows hourly exchange inflows of 11,000 BTC, the highest since December 2025. Daily realized profits are approaching $500 million, with $1 billion indicating a potential local top. The lower support level is at $67,600. The recent price recovery is attributed to reduced U.S.-Iran tensions and a weakening U.S. dollar.
Read at news.bitcoin.com
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