Bitcoin CEX inflows surged on the 27th, with whale actively selling.

According to CryptoQuant analyst Woominkyu, Bitcoin net inflows to CEXs surged to 9,905 BTC, marking the largest single-day net inflow in the past 30 days. This has prevented Bitcoin's price from effectively breaking through resistance levels. Woominkyu stated that the most worrying signal is the CEX Exchange Whale Ratio, which surged to 0.707 on April 27th, its highest reading in over a week. This means that the top 10 inflow transactions accounted for more than 70% of all deposits—clearly indicating that large holders are actively transferring tokens to CEXs, likely preparing for distribution. Woominkyu believes that the combination of whale driven inflows and rising CEX reserves suggests that smart money is preparing to sell at higher prices. Unless this inflow is quickly absorbed, the likelihood of a retest of the $74,000 to $75,000 support zone in the short term is significantly increasing.