Bitcoin Price Faces $54M Whale Short Before Clarity Act Vote

Bitcoin price is caught between ETF inflows, institutional selling and a massive $54 million whale short ahead of the Clarity Act vote. The latest data doesn’t exactly scream confidence, with traders watching $75,000 and $83,000 as the levels that could decide the next move.

Bitcoin ETFs Recover Daily Despite Weekly Outflows

Bitcoin ETFs recorded a 1D net inflow of 1,917 BTC, worth $147.42 million, on September 15. But zoom out and the picture gets less comfortable. The 7D netflow remains negative at 4,372 BTC, equivalent to $336.16 million in outflows.

Ethereum ETFs, meanwhile, are showing considerably stronger flows. They posted $95.44 million in one-day inflows and $221.91 million over seven days, giving ETH a noticeably stronger ETF flow profile right now.

Bitcoin Miners Keep Moving Toward AI

The mining side brings another problem. CoinShares says the migration of Bitcoin miners toward AI has reached a point where even a BTC recovery may not reverse the trend.

At least 35 EH/s is already slated to leave listed miners. IREN reportedly plans to exit by year-end, while Cipher could follow by the end of 2027.

That doesn’t automatically mean a collapse for BTC. It does show the mining industry is increasingly being pulled toward another opportunity.