Exchange inflows signal distribution as yields rise and Hormuz blockade persists.

Bitcoin trades at $79,558 after a 1.41% drop, with exchange net inflows of 902 BTC over the past day confirming distribution into thinning bids.Glassnode Holders face selling pressure from fear at 34 and 10-year yields at 4.46%, which lure capital to safer yields as DXY steadies near 98.4. Network holds firm at near-1000 EH/s hashrate, decoupling miner resolve from spot weakness, yet this offers no price floor amid Hormuz blockade throttling oil flows and lifting Brent to $107 without sparking Bitcoin refuge demand—gold climbs to $4700 instead.Yahoo Finance People ignore how resilient dollar liquidity absorbs geopolitical shocks, starving risk assets of inflows despite QT stress. Bitcoin drifts lower until supply ebbs. Will Hormuz reopen before yields spike enough to trigger cuts?^[1][2]