Bitcoin Holds $77,600 as Whale Activity Stalls
Bitcoin ended the week at $77,618 after a volatile reaction to inflation data. Large holders remain static, waiting for a directional trigger.
Bitcoin closed the week at $77,618, down 1.60 percent from the previous period. The asset traded between $76,000 and $79,000, showing a $3,000 intraday swing after U.S. CPI data. This reaction confirms high sensitivity to macroeconomic indicators.
Ethereum fell 1.33 percent to $2,474. The token briefly crossed $2,600 for the first time in seven months but failed to hold the level. Institutional inflows into Solana-linked products show continued demand for that ecosystem.
Whale Holdings Remain Static
Large Bitcoin addresses hold 5.23 million coins. This figure has not changed in a week. Alicharts data shows these holders are waiting for clearer price signals.
Historical patterns link flat whale balances to upcoming volatility. The market is currently in a wait-and-see mode. Traders have shifted from selling rallies to buying dips.
Regulatory Vote Shapes Outlook
The U.S. Senate votes on the CLARITY Act on September 15. Sixty votes are required to pass the procedural hurdle. The bill defines regulatory roles for the SEC and CFTC.
President Trump agreed to eighty percent of a bipartisan ethics proposal. This compromise may satisfy swing senators. A successful vote could lower the regulatory discount on U.S. crypto assets.
Institutional Flows Stay Strong
Bitwise BSOL ETF saw $107 million in net inflows. This occurred over twenty trading days. Only two days showed outflows. The data reflects sustained institutional accumulation.
The Fear and Greed Index stands at 68. This indicates greed. However, flat whale positions suggest large capital remains cautious. GN markets/crypto (en-US) notes that macro drivers still dominate price action.
