Bitcoin 30-Day Exchange Netflows Turn Positive as BTC Tests $80,000 Support

Bitcoin traded near $79,791, dropping about 2% over 24 hours as it tested support around $80,000 against a backdrop of macroeconomic uncertainty. The token's 30-day simple moving average exchange netflow turned positive on October 28 at +182 BTC, marking the first net inflow since September 21 and ending roughly six weeks of outflows. The metric surged by 4,132 BTC from -3,950 BTC on October 18. Analysts observe that while aggressive withdrawals have paused, substantial spot selling volume has not yet materialized, though a drop below $80,000 could open deeper downside.