Wu said that CryptoQuant analyst Woominkyu posted that on April 27, Bitcoin exchange net inflows rose to 9,905 BTC, marking the largest single-day net inflow in the past 30 days, when the price still struggled to break through the $78k resistance zone. He stated that the exchange whale ratio on the same day rose to 0.707, the highest level in over a week, indicating that over 70% of all deposits are from the top 10 inflow traders, showing that large holders are transferring BTC into exchanges; at the same time, exchange reserves increased from 78k BTC on April 25 to 2.67M BTC on April 28. Woominkyu believes that if this inflow is not quickly absorbed, the possibility of BTC re-testing the $74k to $75k support zone in the short term increases.

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