35,400 BTC flowed into exchanges, reaching a two-month high, with profit-taking activity far exceeding panic selling

SignatureVerifier · 2026-01-17T08:34:14+00:00

Recently, an interesting phenomenon has occurred in the Bitcoin market: approximately 35,400 profitable Bitcoins have flowed into exchanges, the highest in two months, while only 4,600 loss-making coins have flowed out, with a profit-to-loss ratio of 7.5:1. This indicates that investors are locking in gains in an orderly manner rather than panic selling, and the overall market loss rate has dropped to a historic low. Currently, the market correction is manageable, but a future reversal of the profit/loss ratio could trigger a deeper decline.

SignatureVerifier

2026-01-17 08:34:14

Abstract generation in progress

【BlockBeats】In the past 24 hours, an interesting phenomenon has emerged in on-chain data — approximately 35,400 Bitcoin in profit has flowed into exchanges, marking the highest single-day inflow in nearly two months. In contrast, the outflow of loss-making coins has been quite subdued, with only about 4,600 leaving the market. This results in a profit-to-loss outflow ratio of 7.5:1.

In simple terms, the current market pressure mainly comes from profit-taking rather than panic selling. What does this reflect? Investors who have positioned themselves between $85,000 and $92,000 are seizing the opportunity as prices approach their cost basis to lock in gains. They are making profits and cashing out in an orderly manner — this kind of pressure is fundamentally different from the panic-driven liquidation of loss positions.

From the on-chain chart, the overall market loss rate has narrowed to a historic low. It is precisely against this backdrop that profit-taking activity has become more active. In other words, the price is testing the cost basis zone while facing high supply pressure from profitable positions — a healthy process of profit realization.

However, there is a noteworthy turning point: once the profit/loss ratio reverses, meaning loss-driven selling begins to dominate, the bearish scenario could intensify further. But in fact, such a reversal is not necessarily imminent. Current data indicates that the market is still in a relatively controlled adjustment phase.

BTC-6,89%

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ser_ngmi

· 01-19 20:25

Huh, 35,400 BTC entering exchanges in one day? This really is a classic case of cutting the leeks. If I had known earlier, I wouldn't have listened to advice to hold the coins. Now I see others locking in profits. The 7.5:1 ratio... indicates that some people are still eager to get on board, afraid of missing out. Those with losses hold tight and don't sell, while those making profits are running. This is the current game, right? Two-month new highs entering exchanges, who can tell if it's the bottom or the top?

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down_only_larry

· 01-19 10:37

Hmm... 35,400 tokens flow in at once. These early movers are really just lying back and winning. Oh, this must be the trouble of the wealthy. Instead of running, they keep hesitating. The profit-taking pressure is so high that it seems this wave of rise might take a breather. Almost no one is selling at a loss, indicating everyone is still quite optimistic about what's coming next. Then I'll wait a bit longer to see if I can catch a lower entry point.

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ArbitrageBot

· 01-19 00:04

35,400 coins suddenly dumped into the exchange, these people are really cashing out. It feels like an orderly retreat. I should have just bought in during the 85k wave. Now looking at the data, I’m drooling. Take profits > panic selling. The pressure this time isn’t from dead sellers; it’s from people who are making money and should be leaving. With the loss rate at a historic low, are people still selling? Truly not greedy at all. 7.5:1 ratio, tsk tsk. With the market sentiment so stable, why is it still falling?

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SelfCustodyIssues

· 01-17 09:04

Hey, this market movement is quite interesting. With such fierce profit-taking, we still need to be cautious. Big players are cashing out, retail investors are bottom-fishing, everyone’s doing their own thing. The 7.5 to 1 ratio is quite extreme; I just worry about a sudden plunge next. Everyone’s fleeing while making money—that’s the most dangerous signal, alright? Are those who bought in at low levels feeling panicked now?

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ImpermanentPhobia

· 01-17 08:55

A ratio of 7.5:1, really, this is a healthy sell-off, not a panic dump.

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DaoResearcher

· 01-17 08:46

Based on the analysis of on-chain data structure models, the 7.5:1 profit outflow ratio essentially reflects the rational decision-making mechanism of market participants—this is similar to the incentive alignment issue in Token-weighted voting, which warrants in-depth exploration for governance insights. In fact, this data has long explained everything; profit-taking far exceeds panic selling, indicating that the market has not yet reached a true state of panic. From an economic perspective, once the chip distribution in the 85k-92k range triggers the profit-locking mechanism, subsequent price pressure is inevitable—refer to Chapter 3.2 on liquidity incentives in the relevant project whitepapers. Stay calm, this is the result of rational game theory; don’t be scared by short-term fluctuations. It is worth noting that the detail of only 4,600 loss chips flowing out precisely confirms that weak hands have already exited, and the current market structure has reached a relatively high level of participant quality—if this trend continues, the market should be able to maintain a relatively stable governance foundation. Right now, wealthy investors are retreating in an orderly manner, which is not the same as a market crash; it’s a different matter.

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zkProofGremlin

· 01-17 08:38

Hmm, it's the same group of early investors cutting their losses. The data doesn't look like panic selling. The whales are holding back but haven't broken through, indicating the bottom is still quite solid. The 7.5:1 ratio is interesting; those who woke up early are already fleeing. Can the selling pressure withstand this wave? I think it's uncertain.

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AirdropGrandpa

· 01-17 08:37

A ratio of 7.5:1, which shows that no one is panicking; everyone is calmly securing their gains. Sell when you make money, that's pretty smart. No wonder the pressure is so high. The historically low loss rate indicates that the timing for getting in is still quite good.

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