Bitcoin Under Selling Pressure, 240 Billion Yen Worth of BTC Deposited to Exchanges in Two Days

On-chain cryptocurrency analyst Mr. Adler reported on January 22 that there was an unusual influx of BTC into exchanges just before Bitcoin dropped below the $90,000 range.

From January 20 to 21, about 17,000 BTC (worth approximately 240 billion yen) flowed into exchanges, indicating that sellers had been preparing in advance. This movement was not emotional but rather structural pressure.

According to exchange net flow data, 9,867 BTC entered on January 20 and 6,786 BTC on January 21. Since the net flow was mostly negative in the first half of January, these figures are abnormally high.

In the context of the price drop, such sudden...