比特幣外流潮正在消退嗎？

Farside 的最新數據顯示，比特幣流出潮正在消退，3 月 22 日，GBTC 流出了 1.7 億美元。這種與先前急劇資金外流的背離暗示著市場動態的潛在轉變。人們圍繞著 Genesis 在資金外流中所扮演的角色展開猜測，因為有傳言稱這家陷入困境的銀行可能一直在清算 GBTC 持有的資產。如果這些清算確實減少，可能會緩解比特幣 ETF 的下行壓力。

Is the Tide Turning for Bitcoin Outflows?

比特幣外流趨勢正在扭轉嗎？

Recent data from UK-based investment firm Farside reveals that on March 22nd, the Grayscale Bitcoin Trust (GBTC) saw a modest outflow of just $170 million. This marks a departure from the steep outflows observed since early March, which have seen GBTC's assets under management decline for five consecutive days.

英國投資公司 Farside 的最新數據顯示，3 月 22 日，灰階比特幣信託基金 (GBTC) 的資金小幅流出僅 1.7 億美元。這與 3 月初以來觀察到的急劇資金外流有所不同，此前 GBTC 管理的資產已連續五天下降。

Is the Genesis Factor Subduing?

創世因子是壓制的嗎？

Rumors have been circulating that troubled crypto lender Genesis has been liquidating its GBTC holdings, contributing to the outflows. However, if these liquidations have subsided, it could alleviate the downward pressure on Bitcoin ETFs.

有傳言稱，陷入困境的加密貨幣貸款機構 Genesis 正在清算其持有的 GBTC，從而導致資金外流。然而，如果這些清算減少，可能會減輕比特幣 ETF 的下行壓力。

A Statistical Pivot?

統計樞軸？

Willy Woo, a statistician and founder of on-chain data repository Woobull, suggests that a pivot point may have been reached. He recently unveiled an algorithm comparing ETF inflows with Bitcoin price movements. While he remained coy about the data used, he hinted that the bulk of the offloading may be complete.

統計學家兼鏈上資料儲存庫 Woobull 的創始人 Willy Woo 表示，可能已經達到了一個樞軸點。他最近公佈了一種演算法，將 ETF 流入與比特幣價格變動進行比較。雖然他對所使用的資料守口如瓶，但他暗示大部分卸載可能已經完成。

Bullish Outlook Intact

看漲前景完好無損

Based on this new model, Woo believes that the worst of the sell-down in Bitcoin's current consolidation phase may be behind us. He maintains a bullish outlook for Bitcoin's short-term price movement, speculating that price discovery tailwinds could return next week.

基於這種新模型，Woo 認為比特幣當前盤整階段最糟糕的拋售可能已經過去。他對比特幣的短期價格走勢保持看漲前景，推測價格發現的順風可能會在下週回歸。

Regulatory Roundup: EU Targets Unverified Wallets

監管綜述：歐盟針對未經驗證的錢包

In regulatory news, the European Union is cracking down on unverified self-custodial wallet crypto transactions. This move aims to prevent money laundering and terrorist financing, but it raises concerns about privacy and self-sovereignty in the crypto space.

在監管新聞方面，歐盟正在打擊未經驗證的自我託管錢包加密交易。此舉旨在防止洗錢和恐怖主義融資，但引發了人們對加密貨幣領域隱私和自我主權的擔憂。