[Valued at $47.4 million, BTC OG insider whale agent Garrett Jin's address adds 600 BTC long positions at $79,000] Odaily Planet Daily reports, according to monitoring by Garrett Jin, Garrett Jin stated that Bitcoin is approaching a supply-dense zone, with the key area still being $80,000 to $82,500. A significant amount of Bitcoin's on-chain cost basis is located in this range, which was formed during the last wave of upward movement before the sell-off. However, not all related tokens need to be traded. As of August 26, U.S. spot ETFs have absorbed funds for eight consecutive trading days, totaling approximately $2.8 billion, with August's total inflow reaching about $3.3 billion, making it the highest inflow month of the year so far. On-chain data shows that the net realized profit and loss seven-day moving average is positive, at approximately $752 million, with realized profits nearing $1.1 billion and realized losses at $354 million. Despite the supply overhead, spot demand is flowing in. Garrett Jin believes that if Bitcoin continues to close above $82,500, it will indicate that the redistribution of holdings is complete and supply has been fully absorbed. On the downside, the critical level is $76,600, which is close to the cost basis for short-term holders. A single-day close below this level is manageable, but if at least two of the following three indicators simultaneously deteriorate—ETF fund flows, Coinbase premium, and the net realized profit and loss seven-day moving average—it would constitute a warning signal. On-chain information shows that Garrett Jin's address added 600 BTC long positions at a price of $79,000 in the early hours of August 26, valued at $47.4 million.