比特幣轉移量僅下降到112億美元

鏈上的數據顯示，自去年高度以來，比特幣交易量急劇下跌。這是BTC所暗示的。

Bitcoin transaction volume has seen a sharp plunge since its high last year, according to on-chain data from Glassnode.

根據GlassNode的鍊鍊數據，比特幣交易量自去年的高度開始急劇下降。

The “Total Transfer Volume” metric measures the total amount of cryptocurrency (in USD) involved in transactions on the network each day.

“總傳輸量”度量測量每天參與網絡交易的加密貨幣總量（以美元為單位）。

A high value indicates significant investor activity and interest in the asset, while a low value suggests limited attention and participation.

高價值表明投資者的重要活動和對資產的興趣，而低價值則表明關注和參與有限。

The chart below shows the trend in Bitcoin Total Transfer Volume over the last couple of years:

下圖顯示了過去幾年比特幣總轉移量的趨勢：

The chart displays the “Entity-Adjusted” version of the Bitcoin Total Transfer Volume. This adjustment ensures that the metric only tracks transfers between different investors (entities) and excludes transactions between individual addresses belonging to the same entity.

該圖顯示了比特幣總傳輸量的“實體調整”版本。此調整可確保指標僅跟踪不同投資者（實體）之間的轉移，並排除屬於同一實體的單個地址之間的交易。

An ‘entity’ is a cluster of addresses that Glassnode has determined to belong to the same investor. Transactions between the wallets of the same owner are not relevant for the wider market, so adjusting for entities helps in presenting more accurate results.

“實體”是GlassNode決定屬於同一投資者的一個地址。同一所有者錢包之間的交易與更廣泛的市場無關，因此對實體進行調整有助於提出更準確的結果。

As evident from the chart, the Entity-Adjusted Total Transfer Volume witnessed a sharp surge towards the end of last year. This surge occurred as the cryptocurrency explored new all-time highs (ATHs) above the $100,000 mark.

從圖表中可以明顯看出，實體調整後的總轉移量在去年年底之前見證了急劇的激增。這次激增發生了，因為加密貨幣探索了超過100,000美元的新歷史高峰（ATHS）。

Such rallies are typically met with excitement and interest among investors, and the rally in the last couple of months of 2024 certainly garnered a lot of attention.

這種集會通常會引起投資者的興奮和興趣，而在2024年的最後幾個月中，集會肯定引起了很多關注。

However, since hitting an ATH of $20.7 billion in December, the metric has seen an extended drawdown, indicating a decrease in activity on the network.

但是，自從12月達到207億美元的ATH以來，該指標已延長了下降，表明網絡活動的減少。

Currently, the network is processing only $11.2 billion in inter-entity volume, which marks a decrease of nearly 46% from the peak.

目前，該網絡僅處理實體量的112億美元，這比峰值下降了近46％。

As highlighted in the chart, there have been only 67 days in BTC’s lifetime where the network has seen a higher amount of transaction activity.

正如圖表中強調的那樣，在BTC的壽命中，網絡只有67天的時間已經看到了更高的交易活動。

Hence, while the latest volume is significantly lower than the ATH, it is still quite high in a historical context.

因此，儘管最新卷大大低於ATH，但在歷史背景下仍然很高。

Bitcoin is trading around $105,300 at the time of writing, up almost 3% in the last seven days.

在寫作時，比特幣的交易額約為105,300美元，在過去的七天中增長了近3％。