比特幣鯨魚流入暗示市場調整，ETF 流出雲前景

由於大持有者大量外匯流入，顯示獲利回吐情緒，人們擔心比特幣價格可能會出現調整。交易所交易基金出現大量資金外流，加劇了看跌壓力。但是，建議謹慎，因為此類指標可能會產生錯誤訊號。

Bitcoin Whale Inflows Signal Potential Market Correction, ETF Outflows Dampen Outlook

比特幣鯨魚流入預示著潛在的市場調整，ETF 流出削弱了前景

Recent market activity indicates that a downward price correction for Bitcoin may be imminent. According to data from crypto analytics platform Lookonchain, a cryptocurrency whale has deposited a staggering $77.7 million into Kraken, a leading cryptocurrency exchange. This whale had previously accumulated $1.7 billion worth of Bitcoin at an average price of $68,051 between March 1 and April 15.

最近的市場活動表明，比特幣的價格下行調整可能即將到來。根據加密分析平台 Lookonchain 的數據，加密貨幣鯨魚已向領先的加密貨幣交易所 Kraken 存入了驚人的 7,770 萬美元。此前，這隻鯨魚在 3 月 1 日至 4 月 15 日期間以平均價格 68,051 美元的價格累積了價值 17 億美元的比特幣。

Simultaneously, data from CryptoQuant reveals a surge in exchange inflows from Bitcoin whales, reaching a five-month high. This influx suggests that large Bitcoin holders are actively seeking to capitalize on the recent price rally and engage in profit-taking.

同時，CryptoQuant 的數據顯示，比特幣鯨魚的交易流入激增，達到五個月高點。這種湧入表明，大型比特幣持有者正在積極尋求利用最近的價格上漲並獲利了結。

Supporting this notion, Glassnode reports that Bitcoin investors currently hold substantial paper gains relative to their cost basis. The platform's data indicates that the average investor is sitting on paper gains of approximately 126%.

Glassnode 報告支持這一觀點，並表示比特幣投資者目前相對於其成本基礎持有可觀的帳面收益。該平台的數據顯示，一般投資者的帳面收益約為 126%。

However, market observers caution against relying solely on these metrics, as they can sometimes provide false signals. Therefore, market participants are advised to exercise prudence in their investment decisions.

然而，市場觀察人士警告不要僅依賴這些指標，因為它們有時會提供錯誤訊號。因此，建議市場參與者謹慎投資決策。

Adding to the bearish sentiment, significant outflows from major Bitcoin exchange-traded funds (ETFs) have emerged in recent days. On Thursday alone, these ETFs recorded net outflows of $217 million, with Grayscale's GBTC contributing $140 million to the withdrawals.

最近幾天，主要比特幣交易所交易基金（ETF）出現大量資金外流，加劇了看跌情緒。光是週四，這些 ETF 就錄得 2.17 億美元的淨流出，其中 Grayscale 的 GBTC 貢獻了 1.4 億美元的提款。

Coupled with unfavorable macroeconomic factors, the outlook for Bitcoin remains uncertain. The cryptocurrency has declined by 0.9% over the past week, struggling to regain upward momentum. The combined impact of whale profit-taking, ETF outflows, and persistent macroeconomic headwinds could potentially trigger a further price correction in the near term.

再加上不利的宏觀經濟因素，比特幣的前景仍存在不確定性。該加密貨幣在過去一周下跌了 0.9%，難以恢復上漲勢頭。鯨魚獲利回吐、ETF 資金外流和持續的宏觀經濟逆風的綜合影響可能會在短期內引發進一步的價格調整。