比特幣散戶數量近期大幅下降

鏈上數據表明，比特幣散戶投資者正在對該資產失去興趣，因為上個月比特幣交易量急劇下降。

Recent on-chain data indicates a sharp decline in Bitcoin retail investor activity, with a significant drop in small transaction volume.

近期鏈上數據顯示，比特幣散戶活動急劇下降，小額交易量大幅下降。

A new post on X by CryptoQuant community analyst Maartunn highlights a recent flip in the Retail Investor Demand, which measures the demand for network usage by retail investors.

CryptoQuant 社群分析師 Maartunn 在 X 上發表的一篇新文章強調了散戶投資者需求最近的轉變，該需求衡量散戶投資者對網路使用的需求。

In the realm of cryptocurrency, retail investors are defined as the smallest entities on the network, typically making transactions below $10,000. Hence, the transaction volume in this range is attributed to these investors.

在加密貨幣領域，散戶投資者被定義為網路上最小的實體，通常進行低於 10,000 美元的交易。因此，這個範圍內的交易量歸功於這些投資者。

The Retail Investor Demand indicator uses the 30-day change in this volume to gauge retail demand. Here's a chart shared by the analyst, showcasing the metric's trend over several years:

散戶需求指標使用該交易量的 30 天變化來衡量散戶需求。以下是分析師分享的圖表，展示了該指標幾年來的趨勢：

According to the chart, during the bull rally in late 2024, the Bitcoin Retail Investor Demand surged to high positive levels, indicating the rally's ability to capture the attention of the masses, leading to a large number of small transactions on the network.

根據圖表，在 2024 年底的多頭反彈期間，比特幣散戶需求飆升至較高的正水平，顯示反彈能夠吸引大眾的注意力，導致網路上出現大量小額交易。

This pattern is not surprising, as sharp price action tends to excite investors, making them more active than usual. However, the scale of the spike was remarkable this time, with the metric reaching a peak value of 31.7%.

這種模式並不奇怪，因為劇烈的價格走勢往往會刺激投資者，使他們比平常更活躍。然而，這次的峰值規模非常顯著，指標達到了 31.7% 的峰值。

Following this high, as the cryptocurrency's downtrend began, the retail investor volume slowed its ascent, and the 30-day change quickly dipped into negative territory.

在這個高點之後，隨著加密貨幣的下跌趨勢開始，散戶的交易量成長放緩，30天變化迅速跌入負值區域。

This decline in shrimp volume has accelerated in 202s25, with the Retail Investor Demand now at a low of -21.7%. This value signifies a 21.7% decrease in the group's transaction activity over the last 30 days.

蝦產量的下降在 202 至 25 年間加速，零售投資者需求目前處於 -21.7% 的低點。該數值表示過去 30 天內該集團的交易活動減少了 21.7%。

The drop is the largest the metric has seen since mid-2021. While a decrease in retail investor interest may raise concerns, it's worth noting that a similar negative spike in 2021 coincided with a bottom in the BTC price.

這一跌幅是該指標自 2021 年中期以來的最大跌幅。雖然散戶興趣的下降可能會引起擔憂，但值得注意的是，2021 年類似的負峰值與 BTC 價格觸底同時發生。

In other news, Ethereum, the second-largest cryptocurrency by market capitalization, has seen a high volume of exchange outflows over the past week, according to data from market intelligence platform IntoTheBlock.

其他消息方面，根據市場情報平台 IntoTheBlock 的數據，按市值計算的第二大加密貨幣以太坊在過去一周出現了大量交易外流。

In total, centralized exchanges have seen a net outflow of $1.42 billion in Ethereum over the past week, indicating a phase of accumulation by investors.

過去一周，中心化交易所以太坊淨流出14.2億美元，顯示投資者進入了吸籌階段。

BTC Price今朝は一時期9万1000ドル台まで下落しましたが、その後は持ち直して現在は9万3800ドル付近で取引されています。

BTC 價格今早曾一度跌至 91,000 美元水平，但隨後有所回升，目前交易價格約為 93,800 美元。