Bitcoin Whales Wait for Macro Storm as Price Stays Flat

Bitcoin whales are currently staying on the sidelines. Data shows that large holders have kept their balance at roughly 5.23 million coins over the past week. This lack of buying or selling suggests that major investors are waiting for more clarity before moving their positions.

The hesitation comes as financial markets prepare for a period of high volatility. Two key US inflation reports arrive this week, including the Producer Price Index and the Consumer Price Index. These figures are critical because they will influence whether the Federal Reserve decides to raise interest rates later this month.

Beyond inflation, traders are watching a series of events that could push prices out of the current range. The Senate is scheduled to vote on the CLARITY Act on September 15, while the Federal Reserve and the Bank of Japan are both set to announce interest rate decisions shortly after. These moves will likely impact global bond and currency markets alongside crypto.

For now, Bitcoin is stuck in a sideways pattern between 77,500 and 80,000 dollars. Investors expect this consolidation to end soon, as the upcoming wave of macro news will likely force the price to break toward a new trend.