Bitcoin Retreats to $74,000 as Exchange Inflows Surge to 11,000 BTC

Jakarta, Pintu News – Bitcoin (BTC) has moved back towards the $76,000 resistance zone, reviving expectations of a short-term recovery after a prolonged period of bearish pressure.

However, Thursday’s report from CryptoQuant suggested a more cautious view, highlighting a sharp spike inexchange inflows that may indicate that large asset holders are preparing to sell.

Then, how will the Bitcoin price move today?

Bitcoin Price Drops 0.22% in 24 Hours

On April 17, 2026, Bitcoin was trading at $74,644—equivalent to approximately IDR 1,284,212,678—after experiencing a mild 0.22% correction over the past 24 hours. Throughout this daily trading window, the cryptocurrency navigated a relatively tight range, dipping to a low of IDR 1,262,022,471 and reaching a peak of IDR 1,295,594,789.

At the time of writing, Bitcoin maintains a massive market capitalization of around IDR 25,691 trillion. Market activity has also ticked upward, with the 24-hour trading volume rising by 5% to hit IDR 737.65 trillion.

Read also: Germany Ready to Confiscate 57,000 More Bitcoins! IDR 72 Trillion Threatened to Flood the Market?

Bitcoin inflows rise to 11,000 BTC

Hourly Bitcoin inflows to exchanges rose to around 11,000 BTC, the highest level since late December, as the price moved closer to $76,000. CryptoQuant noted that historically, these kinds of spikes often coincide with increased selling pressure when they occur around major resistance levels.

A similar pattern was observed in March, when inflows reached 9,000 BTC alongside a high concentration of large deposits, which preceded a short-termpullback in price. This latest figure surpasses that level, suggesting the potential for a stronger distribution wave while the price is testing resistance.

Large asset holder activity signals increased selling pressure

Large investors have significantly influenced this movement. The average Bitcoin deposit to exchanges rose to 2.25 BTC, its highest daily level since July 2024. CryptoQuant highlighted that the increase was partly driven by large transfers to Binance, including individual deposits that exceeded 1,000 BTC.

Rising average deposit sizes usually indicate activity from large asset holders, while retail-driven inflows tend to bring those averages down. Similar conditions were seen in January, when high deposit sizes preceded a sharp drop in Bitcoin price.

Large deposits also accounted for less than 10% of total exchange inflows a few days ago, but have since increased to over 40%.

“This sharp acceleration in the concentration of large deposits confirms that distributions by institutions and large asset holders are driving a surge in exchange inflows,” CryptoQuant wrote.

Historically, such high concentrations are often associated with increased selling pressure in the short term, especially when they appear quickly during resistance tests.

Profit Taking Still at Lower Level

Profit-taking activity, although increasing, is still below the level usually associated with market peaks.

Read also: 3 Scenarios and Predictions for Bitcoin (BTC) to IDR 1 Billion According to Arthur Hayes

Realized daily gains are estimated at around $500 million, still below the $1 billion threshold that has historically marked the more significant distribution phase during bear market rallies. This indicates that while some investors are starting to lock in profits, broader profit-taking may still be in its early stages.

As more and more holders who accumulated assets between the price of $65,000 to $76,000 begin to enter the profit zone, the space for potential sellers continues to grow.

The report notes that if Bitcoin maintains its position above $76,000 or advances towards the Traders’ Realized Price of $76,800, profit-taking could accelerate towards the $1 billion level. Such a development would likely increase selling pressure and raise the risk of areversal in the current rally.

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price via Pintu Market.

As a safe crypto app, Pintu provides a crypto trading experience to access crypto gold investment easily and conveniently. You can also see today’ s gold jewelry price and today’s gold bullion price to support your investment activities and portfolio diversification as well as learn crypto through Pintu Academy.

Download the Pintu crypto app via Play Store or App Store now. Enjoy web trading experience with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• FX Street. Bitcoin tests $76K resistance as rising exchange inflows signal potential selling pressure. Accessed on April 17, 2026