Bitcoin exchange inflows increased as BTC approached the $80,000 mark, according to analyst Darkfost. Data covering Aug. 17 through Aug. 30 shows volatile spot flows as Bitcoin climbed from roughly $64,000 toward $80,000. The rise in inflows became most pronounced as BTC tested resistance, with major exchanges recording substantial inflows over the period. Rising inflows are often watched as a signal of potential selling, since coins moved to exchanges are typically positioned for trading or disposal rather than long-term holding.

Binance led seven-day Bitcoin inflows with an average of 10,700 BTC, while Coinbase Advanced followed at 7,100 BTC. Bitcoin faced mixed spot flows during its climb toward $80,000, with outflows reaching about $95 million around Aug. 28-29. A sustained break above $80,000 could open the way toward $84,000, while renewed selling pressure could push BTC toward the $75,000-$77,000 range.

Binance Leads Bitcoin Exchange Inflows

Darkfost reported that Binance recorded average inflows of 10,700 BTC over the past seven days. The exchange also handles the highest trading volumes among the platforms mentioned.

Coinbase Advanced came next with average inflows of 7,100 BTC, pointing to comparable activity among institutionally focused traders. Kraken and OKX each recorded inflows above 2,000 BTC.

According to Darkfost, the $80,000 level represents the average cost basis for capital invested in Bitcoin. As a result, investors may use that level to lock in small gains or cut losses, which helps explain why exchange activity tends to concentrate around that price.

Exchange activity picked up while Bitcoin attempted to break above $80,000, though Darkfost noted that selling pressure has eased as BTC pulled back.

Spot Flows Shift After Bitcoin Rally

Spot inflow and outflow data between Aug. 17 and Aug. 30 shows large swings. During Aug. 19-21, positive netflows included a spike near $240 million, and other inflow readings in that window exceeded $100 million. Over the same stretch, Bitcoin rose from roughly $64,000-$65,000 to between $75,000 and $78,000.

From Aug. 22 onward, flows became more mixed, with positive and negative readings alternating. Inflows reached about $100 million on Aug. 24 and $90 million on Aug. 25. Negative flows also grew larger, with several readings between $50 million and $80 million. The largest outflow appeared around Aug. 28-29, near negative $95 million.

Bitcoin Holds Near $80,000 Despite Outflows

Despite the shifting flows, Bitcoin held near $80,000 on Aug. 25 and during Aug. 27-28. The price later retreated toward $77,000 as momentum weakened. Darkfost said the recent selling pressure now appears to be easing, leaving Bitcoin close to the $80,000 resistance level.

The analyst identified $84,000 as the next area of interest if Bitcoin clears $80,000. Continued outflows, however, could bring the $75,000-$77,000 range back into focus.