比特幣鯨魚透過隱私交易增加積累，強調機構參與者在加密貨幣市場中日益增長的影響力

根據 ChainCatcher 報導，CryptoQuant 執行長 Ki Young Ju 觀察到，鯨魚透過注重隱私的交易累積的比特幣數量顯著增加。

CryptoQuant CEO Ki Young Ju has observed a significant rise in Bitcoin accumulation by whales through privacy-focused transactions. He highlighted that the annual number of CoinJoin transactions has tripled over the past two years. While some speculate that this increase is tied to hackers laundering funds, Chainalysis data suggests otherwise, reporting that total hacker-related losses this year amounted to $2.2 billion—less than 0.5% of Bitcoin’s $377 billion in realized market inflows.

CryptoQuant 執行長 Ki Young Ju 觀察到，鯨魚透過注重隱私的交易累積的比特幣顯著增加。他強調，CoinJoin 的年度交易量在過去兩年增加了兩倍。雖然有些人猜測這一增長與駭客洗錢有關，但 Chainaanalysis 的數據表明並非如此，報告稱今年與駭客相關的損失總額達 22 億美元，不到比特幣已實現的 3,770 億美元市場流入的 0.5%。

Ki further noted that in 2024 alone, 1.55 million BTC flowed into accumulation addresses, primarily associated with ETFs, MicroStrategy, and custodial wallets. He explained that whales often use privacy transactions to transfer funds to emerging institutional investors. Beyond these disclosed holdings, an estimated 240,000 to 420,000 BTC remain in the hands of unidentified accumulators, raising the question of who these whales might be.

Ki 進一步指出，光是 2024 年就有 155 萬個比特幣流入累積地址，主要與 ETF、MicroStrategy 和託管錢包相關。他解釋說，鯨魚經常利用隱私交易將資金轉移給新興機構投資者。除了這些披露的持有量之外，估計還有 240,000 至 420,000 BTC 仍掌握在身份不明的累積者手中，這引發了這些鯨魚可能是誰的問題。

The activity of these large-scale investors underscores the growing influence of institutional and private players in the cryptocurrency market, as well as the increasing use of privacy-enhancing mechanisms in Bitcoin transactions.

這些大型投資者的活動凸顯了機構和私人參與者在加密貨幣市場中日益增長的影響力，以及在比特幣交易中越來越多地使用隱私增強機制。