比特幣鯨正在積累，為未來的價格飆升奠定了基礎

基於市值的主要加密貨幣，比特幣正在從其最大的利益相關者那裡經歷重大運動

Bitcoin (BTC) is known for its interesting and sometimes mind-boggling wealth distribution. Zoom out on the total coins on the move, and you’ll see some interesting activity from Bitcoin’s largest stakeholders as we push deeper into 2025.

比特幣（BTC）以其有趣的，有時甚至令人難以置信的財富分配而聞名。放大了這一舉動的總硬幣，隨著我們將比特幣最大的利益相關者提出一些有趣的活動，因為我們將其深入到2025年。

According to the latest data from Santiment, wallets with between 10 and 10,000 BTC are now holding about 67.77% of the entire cryptocurrency’s supply. This massive concentration of Bitcoin suggests that the top stakeholders are becoming increasingly confident in the cryptocurrency’s prospects.

根據Santiment的最新數據，現在有10至10,000 BTC的錢包持有整個加密貨幣供應的67.77％。比特幣的大量集中表明，頂級利益相關者對加密貨幣的前景越來越有信心。

This comes as the world’s leading cryptocurrency has seen its price stabilize somewhat following the heightened volatility that occurred during April.

這是因為世界領先的加密貨幣在4月期間發生的波動率提高之後，其價格穩定下來。

One of the most striking aspects of the current Bitcoin market is the sustained accumulation by these major stakeholders. Since March 22, over 53,600 BTC have been added to their balances. This signals that these entities recognize the long-term value in Bitcoin, even as its price fluctuates in the short term.

當前比特幣市場最引人注目的方面之一是這些主要利益相關者的持續積累。自3月22日以來，其餘額已添加了超過53,600 BTC。這表明這些實體認識到比特幣的長期價值，即使其價格在短期內波動。

The movements of these so-called whales are a critical indicator of the market’s health and direction. Large wallets can and do exert considerable influence on Bitcoin’s price action.

這些所謂的鯨魚的運動是市場健康和方向的關鍵指標。大錢包可以並且確實對比特幣的價格行動產生了很大的影響。

🐳🦈 Bitcoin's key stakeholders comprised of wallets holding between 10 & 10K BTC currently hold 67.77% of the entire supply of crypto's top market cap asset. During the April volatility, these wallets continue to accumulate, and have now added over 53.6K BTC since March 22nd. 👍 pic.twitter.com/eCalVW0FQf

🐳🦈比特幣的主要利益相關者由目前持有10k和10k BTC之間的錢包組成，目前持有Crypto頂級市值資產的全部供應量的67.77％。在4月的波動性中，這些錢包繼續積累，自3月22日以來，現在增加了超過53.6k BTC。 👍pic.twitter.com/ecalvw0fqf

— Santiment (@santimentfeed) April 19, 2025

- santiment（@santimentFeed）2025年4月19日

This period of sustained accumulation by Bitcoin's largest stakeholders is part of a broader development that has been unfolding over the past couple of months.

比特幣最大的利益相關者持續積累的時期是過去幾個月來一直在不斷發展的更廣泛發展的一部分。

As we delve deeper into the data, we can see that since early March, more than 60 new wallets have emerged, each holding over 1,000 BTC. This significant increase in the number of large-holding wallets signals not only intensified accumulation at the top but also an unprecedented level of institutional interest and activity.

當我們深入研究數據時，我們可以看到自3月初以來，已經出現了60多個新錢包，每個錢包都擁有1000多個BTC。大型錢包數量的顯著增加信號不僅在頂部增加了積累，而且還具有前所未有的機構興趣和活動水平。

These new entrants could be institutions or high-net-worth individuals who are positioning themselves in what appears to be a preferred asset.

這些新進入者可以是將自己定位在似乎是首選資產的機構或高淨值個人。

Over 60 new wallets holding more than 1,000 #Bitcoin $BTC have appeared since early March. A strong signal of growing whale activity! pic.twitter.com/kMR3ZhXDAH

自3月初以來，已有60多個擁有1,000多個#bitcoin $ btc的新錢包出現了。鯨魚活動增長的強烈信號！ pic.twitter.com/kmr3zhxdah

— Ali (@ali_charts) April 19, 2025

- Ali（@ali_charts）2025年4月19日

Whale activity is often seen as a vote of confidence, especially during periods of market volatility. These large holders have the capacity to absorb significant amounts of cryptocurrency in the market. They are viewed as a force that helps to stabilize the market underpinnings.

鯨魚活動通常被視為信任投票，尤其是在市場波動期間。這些大型持有人有能力吸收市場上大量的加密貨幣。它們被視為有助於穩定市場基礎的力量。

The fact that these accumulators have continued even while the Bitcoin price recently wobbled is seen by some as a bullish sign.

即使最近的比特幣價格搖擺不定，這些蓄能器仍在繼續，有些人將其視為看漲跡象。

Moreover, the increasing number of wallets holding over 1,000 BTC suggests that the appeal of Bitcoin is expanding beyond early adopters and long-time holders. It signals that a broader segment of investors is becoming more comfortable with the idea of Bitcoin as an inflation hedge or a store of value.

此外，持有超過1,000 BTC的錢包數量越來越多，表明比特幣的吸引力正在擴大到早期採用者和長期持有人之外。它表明，更廣泛的投資者對比特幣作為通貨膨脹對沖或價值存儲的想法變得越來越滿意。

The implication is that if these so-called whales are using Bitcoin as a long-term store of value, then it should lead to a Bitcoin market that’s less volatile and more stable.

這意味著，如果這些所謂的鯨魚將比特幣用作長期價值存儲，那麼它應該導致比特幣市場的波動性較小，更穩定。

Another crucial metric for assessing market sentiment is the inflow volume momentum of Bitcoin. This tracks the movement of Bitcoin from wallets into exchanges, which typically precedes selling activity when prices are decreasing.

評估市場情緒的另一個關鍵指標是比特幣的流入量勢頭。這跟踪了比特幣從錢包到交易所的移動，通常在價格下降時進行銷售活動之前。

However, if the exchange inflow momentum is decreasing despite the price drop, it can indicate the opposite of what might be assumed. It suggests that instead of investors quickly transferring their coins into exchanges to sell, they are patiently holding onto their coins in their wallets.

但是，如果儘管價格下跌，交換流動動量仍在下降，則可以表明與假設的相反。這表明，他們沒有迅速將硬幣轉移到交易所出售的情況下，而是耐心地抓住錢包裡的硬幣。

The Accumulation Trend Score shows buying pressure behind #Bitcoin $BTC is starting to build at current levels. Early signs of renewed interest. pic.twitter.com

累積趨勢得分錶明，#BitCoin $ BTC背後的購買壓力開始在當前水平上建立。早期興趣的早期跡象。 pic.twitter.com