隨著長期持有趨勢的出現，比特幣交易所儲備減少

自 2021 年初以來，比特幣的外匯存底大幅下降，標誌著長期儲存的轉變。超過 90,700 BTC 從交易所撤出，這與價格上漲和減半事件的預期相吻合。儘管供應減少，但長期持有者已轉向短期持有者，吸收了前者的拋售壓力。

Bitcoin Exchange Reserves Shrink, Signaling Shift to Long-Term Storage

比特幣交易所儲備減少，標誌著轉向長期存儲

Data from CryptoQuant reveals that Bitcoin (BTC), the pioneering decentralized cryptocurrency, has witnessed a significant decline in its exchange reserves, reaching levels not observed since early 2021. This observation suggests a fundamental shift in holder behavior towards prioritizing long-term storage solutions.

CryptoQuant 的數據顯示，作為開創性的去中心化加密貨幣，比特幣(BTC) 的外匯儲備大幅下降，達到2021 年初以來未曾觀察到的水平。這一觀察結果表明，持有者行為發生了根本性轉變，開始優先考慮長期儲存解決方案。

Over the past month, a substantial 90,700 BTC have been withdrawn from major crypto exchanges, indicating a reduction in the available liquid supply. This trend coincides with Bitcoin's recent price surge, the approval of exchange-traded funds (ETFs), and the anticipated halving event.

過去一個月，主要加密貨幣交易所已撤回大量 90,700 BTC，這表明可用流動性供應減少。這一趨勢與比特幣最近的價格飆升、交易所交易基金（ETF）的批准以及預期的減半事件相吻合。

However, data from Glassnode indicates that despite the decreasing supply, there has been a shift from long-term to short-term holders. This transition is potentially driven by rising prices and profit-taking. Short-term holder supply has increased by approximately 1.12 million BTC, effectively absorbing selling pressure from long-term holders.

然而，Glassnode 的數據表明，儘管供應量減少，但長期持有者已轉向短期持有者。這種轉變可能是由價格上漲和獲利了結所推動的。短期持有者供應量增加約112萬BTC，有效消化了長期持有者的拋售壓力。

In the past 24 hours, Bitcoin's price has experienced a modest uptick of 3.68%, currently trading at $68,745. Despite this increase, it remains approximately 10% below its all-time high.

在過去 24 小時內，比特幣價格小幅上漲 3.68%，目前交易價格為 68,745 美元。儘管增加，但仍比歷史最高點低約 10%。

Kurt Wuckert Jr. of CoinGeek draws comparisons between Bitcoin and traditional assets such as gold and cash, emphasizing Bitcoin's resilience to regulatory pressure. Joshua Petty, CEO of Ordinals Wallet, expresses optimism about Bitcoin's future, suggesting its potential evolution or continued role as a digital currency despite regulatory challenges.

CoinGeek 的 Kurt Wuckert Jr. 將比特幣與黃金和現金等傳統資產進行了比較，強調比特幣對監管壓力的抵禦能力。 Ordinals Wallet 執行長 Joshua Petty 對比特幣的未來表示樂觀，並表示儘管存在監管挑戰，但其作為數位貨幣的潛在發展或繼續發揮作用。

The recent dynamics in Bitcoin's exchange reserves and holder behavior highlight the ongoing evolution of the cryptocurrency market. As the asset gains increased recognition and institutional adoption, holders are increasingly seeking long-term storage options to protect their assets. However, the influx of short-term holders and profit-taking may create temporary price fluctuations, influencing Bitcoin's trajectory in the short term.

比特幣交易儲備和持有者行為的最新動態凸顯了加密貨幣市場的持續演變。隨著資產獲得越來越多的認可和機構採用，持有者越來越多地尋求長期儲存選擇來保護其資產。然而，短期持有者的湧入和獲利了結可能會造成暫時的價格波動，影響比特幣短期的走勢。