Analysis: Bitcoin CEX Inflow Soars on the 27th, Whale Group May Be Planning Significant Sell-off

April 29 — CryptoQuant analyst Woominkyu notes that on April 27, Bitcoin’s net inflow to centralized exchanges (CEXs) hit 9,905 BTC — the biggest single-day net inflow in 30 days. This kept BTC’s price from breaking above the $78,000 resistance level. The most worrying signal, per Woominkyu: the Exchange Whale Ratio jumped to 0.707 on April 27 — its highest reading in over a week. That means the top 10 incoming transactions made up over 70% of total deposit volume, clearly showing large holders are actively moving tokens to CEXs (likely gearing up to sell). Woominkyu adds that the whale-dominated inflow, paired with rising CEX reserves, signals smart money is preparing to sell into rallies. If this inflow isn’t quickly absorbed, the odds of a short-term retest of the $74k-$75k support zone are rising sharply.