Bitcoin Triggers Rare Exchange Flow Setup Near $77K

Bitcoin trades near $77,000 after failing to sustain gains above $80,000 earlier in the week. Spot demand has contracted sharply to a four-month low of -3,138 BTC while ETF holdings sit at a three-month low. Long-term holders have continued aggressive accumulation, lifting their supply to a near-record 16.3 million BTC and breaking a multi-year downtrend. Exchange inflows have risen and short-term holder SOPR remains below 1.0, pointing to thin organic buying. A rare Binance Fund Flow Ratio setup now signals potential exhaustion or base formation.