比特幣鯨魚在減半前增加積累，加劇價格飆升

2024 年第一季度，比特幣 (BTC) 飆升超過 73%，達到 73,750 美元的歷史新高。儘管隨後價格波動，但大型比特幣持有者（鯨魚）一直在穩步增持，這表明在即將到來的減半事件之前對該資產的盈利能力充滿信心。這些鯨魚在過去三個月內購買了 319,310 BTC（216 億美元），將其市場主導地位提高了 1.4%。

Bitcoin's Ascendance: Whales Bolster Accumulation Ahead of Halving Momentum

比特幣的崛起：鯨魚在減半動能之前增強了積累

The cryptocurrency landscape witnessed a remarkable surge in Bitcoin's valuation during the first quarter of 2024, with a gain of over 73% propelling it to a record high of $73,750. Despite a subsequent price correction in the final month of the quarter, Bitcoin's whales, the largest stakeholders, have maintained a consistent accumulation pattern throughout these three months. This unwavering confidence in Bitcoin's profitability ahead of the impending halving event is a testament to their bullish sentiment and reinforces the asset's long-term prospects.

2024 年第一季度，加密貨幣領域的比特幣估值大幅飆升，漲幅超過 73%，創下 73,750 美元的歷史新高。儘管隨後在本季度最後一個月出現了價格調整，但比特幣的最大利益相關者——比特幣鯨魚在這三個月裡保持一致的累積模式。在即將到來的減半事件之前，對比特幣獲利能力的堅定信心證明了他們的看漲情緒，並強化了該資產的長期前景。

According to a comprehensive report released by blockchain analytics platform Santiment, Bitcoin whales continue to demonstrate a steadfast commitment to accumulating the asset. These whales, representing holders possessing between 100 and 100,000 BTC, have amassed a substantial 319,310 BTC (valued at an astounding $21.6 billion) in the preceding three months. This significant influx of tokens into whale wallets aligns with the prevailing narrative of Bitcoin's increasing scarcity and diminishing supply on the market.

根據區塊鏈分析平台 Santiment 發布的一份綜合報告，比特幣鯨魚繼續表現出累積資產的堅定承諾。這些鯨魚代表著擁有 100 到 100,000 BTC 的持有者，在過去三個月裡已經累積了 319,310 BTC（價值驚人的 216 億美元）。大量代幣湧入鯨魚錢包，與市場上比特幣日益稀缺和供應減少的普遍說法是一致的。

The report further highlights that a substantial portion of the newly acquired tokens originated from retail traders, or holders of 0-100 BTC. These retail traders collectively sold off 105,260 BTC, amounting to $7.2 billion and representing approximately 0.7% of BTC's total circulating supply, during the same period. This dynamic suggests that retail traders are playing a pivotal role in fueling the whales' accumulation efforts and contributing to the overall upward trajectory of Bitcoin's market valuation.

報告進一步強調，新收購的代幣中有很大一部分來自零售交易者或 0-100 BTC 的持有者。同期，這些散戶交易員總共拋售了 105,260 枚 BTC，價值 72 億美元，約佔 BTC 總流通供應量的 0.7%。這種動態表明，零售交易者在推動鯨魚的增持努力和推動比特幣市場估值的整體上升軌跡方面發揮關鍵作用。

The accumulation trend among Bitcoin whales has resulted in a notable increase in their market dominance, climbing by 1.4% in the past three months. This development is widely interpreted as a positive sign in anticipation of the highly anticipated Bitcoin halving, scheduled to occur on April 19. The halving, a network-programmed event that takes place every four years, involves a 50% reduction in the rewards granted to miners for validating transactions on the Bitcoin blockchain.

比特幣鯨魚的累積趨勢導致其市場主導地位顯著增強，在過去三個月中攀升了1.4%。這一進展被廣泛解讀為預期將於 4 月 19 日發生的備受期待的比特幣減半的積極信號。減半是一項網絡編程事件，每四年發生一次，涉及獎勵減少 50%礦工用於驗證比特幣區塊鏈上的交易。

Historically, Bitcoin halvings have been associated with positive outcomes for the price of the asset. This anticipated scarcity, coupled with the robust demand for Bitcoin, has often led to substantial price increases in the long term. Santiment's analysis of the increased accumulation by BTC whales in the lead-up to the next halving is thus viewed as a bullish signal, indicating a strong belief in the asset's future appreciation.

從歷史上看，比特幣減半與資產價格的正面結果有關。這種預期的稀缺性，加上對比特幣的強勁需求，往往導致長期價格大幅上漲。因此，Santiment 對 BTC 鯨魚在下一次減半前的累積增加的分析被視為看漲訊號，表明對該資產未來升值的強烈信心。

At the time of writing, Bitcoin trades at $67,521, witnessing a marginal decline in the past 24 hours. However, the asset has maintained an impressive growth trajectory year-to-date, soaring by over 140%. With a market capitalization exceeding $1.33 trillion, Bitcoin remains the undisputed leader in the cryptocurrency market, solidifying its position as a formidable digital asset with exceptional growth potential.

截至撰寫本文時，比特幣交易價格為 67,521 美元，在過去 24 小時內小幅下跌。然而，該資產今年迄今仍保持著令人印象深刻的成長軌跡，飆升超過 140%。比特幣的市值超過 1.33 兆美元，仍然是加密貨幣市場無可爭議的領導者，鞏固了其作為具有非凡增長潛力的強大數位資產的地位。