CryptoQuant: Bitcoin rally faces profit-taking risk as exchange inflows surge.

CoinFeed reported on April 16th that, according to The Block, Julio Moreno, Head of Research at CryptoQuant, stated that Bitcoin's recent surge faces increasing profit-taking risks, with multiple on-chain indicators showing increasing selling pressure. Bitcoin broke through $76,000 on Tuesday, reaching a new high since early February, but has since retreated to around $74,800, testing the $76,800 trader on-chain realized price level—a historically bearish resistance level that has repeatedly suppressed rallies. As prices rise, the amount of Bitcoin flowing into exchanges per hour has increased to approximately 11,000, the highest level since the end of December 2025, primarily driven by large deposits, with the average deposit amount rising to 2.25 Bitcoins, the highest since July 2024.