比特幣持倉量創下歷史新高 $32.9B，顯示交易者的冒險行為增加

過去一周，比特幣持倉量一直是爭論的話題，各種鏈上平台都透露其近期破紀錄的飆升

on-chain platforms revealed the recent record-breaking surge in the Bitcoin open interest. However, Alphractal disputed that the open interest in BTC had reached a new all-time high.

鏈上平台顯示，比特幣未平倉合約近期破紀錄飆漲。然而，Alphractal 質疑 BTC 的未平倉合約已達到歷史新高。

Now, a prominent crypto analytics platform has shared new data on the Bitcoin open interest, disclosing that this indicator indeed forged a record high over the past week. Here is its potential implication on the price of BTC.

現在，一個著名的加密分析平台分享了有關比特幣未平倉合約的新數據，透露該指標在過去一周確實創下了歷史新高。這是它對比特幣價格的潛在影響。

According to a new post on the X platform, Glassnode revealed that open interest in Bitcoin across all exchanges reached a new all-time high.

根據 X 平台上的一篇新帖子，Glassnode 透露，所有交易所的比特幣未平倉合約均創下歷史新高。

“Open Interest across both perpetual and fixed-term futures contracts recorded a new ATH of $32.9B this week, indicating a marked increase in aggregate leverage,” Glassnode noted on X.

Glassnode 在 X 上指出：“永續合約和定期期貨合約的未平倉合約本週創下 $32.9B 的新 ATH，表明總槓桿率顯著增加。”

For context, open interest is an indicator that measures the total amount of futures or derivatives contracts of a particular cryptocurrency (BTC, in this scenario) in the market at a given time. It typically offers insight into the amount of funds being invested into Bitcoin futures at the moment. Rising open interest also suggests a shift in investor sentiment and an increase in market speculations, with many traders gearing up for market movement.

就上下文而言，未平倉合約是衡量給定時間市場上特定加密貨幣（在本例中為 BTC）的期貨或衍生性合約總量的指標。它通常可以洞察目前投資於比特幣期貨的資金數量。未平倉合約的增加也顯示投資者情緒的轉變和市場投機的增加，許多交易者正在為市場走勢做好準備。

With the Bitcoin open interest surging to a new all-time high of $32.9 billion in the past week, it shows that fresh capital is flowing into the most valuable market in the cryptocurrency industry. Although the metric doesn’t provide information on whether these new futures positions are bearish or bullish, it does indicate the likelihood of higher volatility in the market.

隨著過去一周比特幣持倉量飆升至329億美元的歷史新高，這表明新的資本正在流入加密貨幣行業最有價值的市場。儘管該指標沒有提供有關這些新期貨頭寸是看跌還是看漲的信息，但它確實表明市場波動性較高的可能性。

As Glassnode highlighted on X, there is a significant increase in aggregate leverage entering the Bitcoin derivatives market. From a historical standpoint, the market tends to witness significant and spontaneous price swings whenever there is heightened risk-taking behavior from traders.

正如 Glassnode 在 X 上所強調的那樣，進入比特幣衍生性商品市場的總槓桿率顯著增加。從歷史角度來看，每當交易者的冒險行為加劇時，市場往往會出現顯著且自發性的價格波動。

This market outlook sets up an interesting next few weeks for the price of Bitcoin, which has not particularly impressed in the month of October. After forming a strong bullish momentum in the previous week, the premier cryptocurrency has failed to capitalize in the past few days.

這個市場前景為比特幣的未來幾週的價格奠定了有趣的基礎，而比特幣的價格在 10 月並沒有給人留下特別深刻的印象。在上周形成強勁的看漲勢頭後，這種主要的加密貨幣在過去幾天未能實現資本化。

At the time of writing, the price of BTC is trading at $66,900, down by 2.1% in the past 24 hours and down by 1.9% in the past seven days.

截至本文撰寫時，BTC 價格為 66,900 美元，過去 24 小時下跌 2.1%，過去 7 天下跌 1.9%。