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Bitcoin trades near $64K as whales accumulate and investors await U.S. inflation data.

Market News
12 Aug 2026
Blockonomi
View Source
Neutral
Bitcoin trades near $64K as whales accumulate and investors await U.S. inflation data.

Bitcoin hovered around $63,700 to $64,215 amid cautious trading ahead of the U.S. July inflation report. Large holders, or whales, accumulated 46,420 BTC, the biggest 60-day increase since March, while smaller holders sold about 9,700 BTC. Spot Bitcoin ETFs saw a modest $7.8 million inflow after a large outflow the day before, indicating mixed investor sentiment. Market activity remains light as investors await key inflation data that could influence crypto prices.

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