Bitcoin Inflows to Deposit Wallets Spike to Bear Market Levels, Raising Exhaustion Fears

More than 106,000 BTC flowed into Binance deposit addresses on April 21, with another roughly 130,000 BTC hitting OKX, volumes not seen since the tail end of the last bear market, according to on-chain analyst Darkfost. The timing is worth paying attention to, as Bitcoin has been grinding sideways for nearly three months now, and the data suggests the market may be running out of patience before it runs out of seller…