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Bitcoin drops 5% amid weak demand and rising exchange inflows signaling potential sell-off

Market News
22 May 2026
Zycrypto
View Source
Bearish
pluang ai news

Bitcoin fell about 5% over the past week, trading sideways near $75,825 after recent highs above $80,000. The decline is driven by weaker spot demand, lower ETF inflows, and reduced speculative interest. Large transfers of nearly 9,664 BTC to exchanges suggest holders may be preparing to sell. Despite volatility, long-term holders help stabilize the price, but over 7.8 million BTC are currently underwater, indicating many investors face unrealized losses. Whale activity shows strategic buying on dips and selling on strength, with exchange reserves hitting a monthly high, signaling potential increased selling pressure ahead.

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