- CryptoQuant said Bitcoin hit $76,000 resistance as exchange inflows surged to about 11,000 BTC per hour.
- That hourly inflow was the highest since December 2025 and above the March spike that came before a pullback.
- Julio Moreno said Bitcoin posted one of its highest realized-profit readings of the year at $1.14 billion.
Bitcoin ran into renewed selling pressure near the $76,000 level after fresh on-chain signals showed a sharp increase in exchange deposits and one of the year’s largest realized-profit readings. The latest move suggests that traders used the rally into resistance to take gains rather than extend the breakout.
Additionally, the broader market backdrop has shifted toward cautious optimism after reports of progress in the U.S.-Iran ceasefire process. That improvement in global sentiment helped stabilize risk assets, but it also appears to have encouraged some Bitcoin holders to lock in profits after the recent climb.
Exchange Inflow Chart shows Strong Transfer to Sell Venues
CryptoQuant’s recent post said Bitcoin hit $76,000 resistance as exchange inflows surged. The platform said about 11,000 BTC per hour moved to exchanges, marking the highest hourly inflow since December 2025 and topping the March spike that preceded a pullback.
Source: CryptoQuant
Exchange inflows often rise when holders are preparing to sell or reposition into market strength. When the biggest transfer surge in months appears exactly as Bitcoin tests a major resistance area, traders usually read it as a warning that supply is increasing near the top of the move.
Notably, CryptoQuant also said large holders are positioning to distribute into strength. That frames the inflow spike less as routine activity and more as a possible sign of deliberate selling pressure from bigger market participants.
Realized Profit Chart Points to Active Profit-Taking
Julio Moreno added another important data point, saying Bitcoin recorded $1.14 billion in realized profit yesterday, one of the highest readings so far this year. That means a large amount of BTC moved at gains relative to the prior on-chain cost basis.
Source: CryptoQuant
In practical terms, realized profit tends to jump when traders actively cash out into rallies. A number that large shows the market did not simply pause near $76,000. It attracted meaningful profit-taking.
However, realized profit by itself does not always signal a broader reversal. It can also appear during healthy rallies. In this case, though, the profit spike arrived alongside heavy exchange inflows, which makes the signal more important because both indicators point in the same direction.
BTC Needs to Absorb Supply After the Failed Push Higher
Recent market reporting said Bitcoin slipped back below $74,000 after approaching $76,000 as easing geopolitical tension lifted sentiment across broader markets. That price reaction fits the on-chain picture closely.
Nevertheless, the market is not showing a full breakdown yet. What it is showing is a failed push through resistance, rising exchange deposits, and strong realized profit at the same time. That combination usually means buyers are being tested by a fresh wave of supply.
For now, the main question is whether demand can absorb that supply fast enough to keep the broader recovery intact. If not, the $76,000 zone may remain a near-term ceiling while Bitcoin searches for firmer support below.
Related: U.S.–Iran Ceasefire Progress Lifts Global Sentiment As Bitcoin Slips Below $74K
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