$BTC Whale transfer moved $8.6 billion‑worth of BTC

— but Arkham data shows it wasn’t sold, hinting at a wallet upgrade, not a dump 

• Market cautious: A major $3.6 billion options expiry coincided with the whale move, prompting slight sellers and a ~0.7% dip to around $108 000

• ETF flows remain strong — institutions keep investing via spot ETFs, though retail traders are waiting for more macro signals like Fed decisions

• Price range today: roughly between $107 846 and $108 258, with low volatility and investors eyeing upcoming catalysts

Bottom line: Bitcoin is steady around $108 k, driven by big whale moves and ETF demand, but short-term action is tied to market mood and macro events.