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Bitcoin Price Consolidates Near $84K Amid ETF Inflows and Whales' Accumulation

Guavy AI Editorial Team
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Bitcoin's price has remained near $84,400 after rejecting a move above $87,000. Despite the rejection, Bitcoin still holds a seven-day gain of over ten percent.

The recent ETF inflows have added to the support for the cryptocurrency. U.S. spot Bitcoin ETFs drew in $191 million on September 24, extending their net inflows to six sessions.

Large entities appear to be accumulating Bitcoin during the pullback. According to Ali Martinez, these large entities accumulated approximately 30,269 BTC over a 96-hour period.

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