$BTC +28% FROM THE LOWS, BUT ON-CHAIN DATA IS FLASHING A WARNING Bitcoin Advanced From $63K To $81K, But Aged Supply And Miner Flows Are Rotating Into Exchanges. → 1–3 Month Old Coins Inflows: +269% → Miner Position Index: +280% → Binance 1K–10K BTC Entity Inflows: +350% → $286M Stablecoins Burned Yet Aggregate Exchange Netflow Remains -2,494 BTC. Coinbase Premium Recovered From -0.11 To -0.01, But Still Remains Negative. This Suggests Profit-Taking Is Concentrating On Binance While Fresh Stablecoin Liquidity Is Contracting. Until Binance Netflow Turns Negative And Coinbase Premium Moves Above Zero, I Would Treat This Rally With Caution. $81K+ Is Expansion. The Data Still Says Consolidation May Come First.