Bitcoin Whales Hold Firm at 5.23 Million BTC Amid Economic Event Wait

Bitcoin whale holdings have remained relatively stable over the past week, according to on-chain data analyzed by crypto expert Ali Martinez. The number of BTC held by large investors has stayed at approximately 5.23 million.

This lack of significant change in whale holdings suggests that these big players are taking a cautious approach and waiting for key economic events before making any major moves.

As Martinez noted, Bitcoin whales are closely watching the upcoming U.S. consumer price index (CPI) report and the Federal Open Market Committee (FOMC) meeting to guide their next investment decisions in Bitcoin and the broader digital-asset market.