Bybit報告強調2024年減半後即將到來的比特幣供應危機

Bybit 最近的報告預測，由於即將到來的減半，九個月內交易所的比特幣供應量將大幅減少。該報告強調了比特幣稀缺性增加和庫存流量比翻倍的可能性，從而導致機構採用的加速和加密貨幣模式的潛在轉變。

Bybit Report Illuminates Impending Bitcoin Supply Exhaustion and Intensifying Scarcity Post-Halving in April 2024

Bybit 報告揭示了 2024 年 4 月比特幣供應即將耗盡以及減半後稀缺性加劇

April 16, 2024 4:10 pm UTC

世界標準時間 2024 年 4 月 16 日下午 4:10

FinanceFeeds Editorial Team

財經新聞編輯團隊

Bybit, a prominent cryptocurrency exchange renowned for its substantial trading volume, has recently released an in-depth report that sheds light on the impending supply constraints of Bitcoin.

Bybit 是一家以其龐大交易量而聞名的著名加密貨幣交易所，最近發布了一份深入報告，揭示了比特幣即將面臨的供應限制。

Anticipated Bitcoin Halving to Exacerbate Bitcoin Scarcity

預期比特幣減半將加劇比特幣稀缺

The report meticulously analyzes the market dynamics surrounding Bitcoin and concludes that the availability of Bitcoin on exchanges is projected to dwindle significantly within the next nine months due to the forthcoming Bitcoin halving event. This halving event, scheduled for April 2024, will effectively reduce the supply generation of Bitcoin by 50%.

該報告仔細分析了圍繞比特幣的市場動態，並得出結論，由於即將到來的比特幣減半事件，預計未來九個月內比特幣在交易所的可用性將大幅減少。此次減半事件定於 2024 年 4 月舉行，將有效減少 50% 的比特幣供應量。

Rapid Depletion of Bitcoin Reserves on Centralized Exchanges

中心化交易所的比特幣儲備迅速耗盡

The report highlights that all centralized exchanges are experiencing a precipitous decline in their Bitcoin reserves. "Bitcoin reserves in all centralized exchanges have been depleting faster," the report states. "With only 2 million bitcoins remaining, if we assume a daily inflow of $500 million to Bitcoin Spot ETFs, the equivalent of around 7,142 bitcoins will leave exchange reserves daily, suggesting that it will only take nine months to consume all of the remaining reserves."

報告強調，所有中心化交易所的比特幣儲備都在急劇下降。報告指出：“所有中心化交易所的比特幣儲備都在加速耗盡。” 「比特幣只剩下200 萬枚，如果我們假設每天有5 億美元流入比特幣現貨ETF，那麼每天將有大約7,142 枚比特幣從外匯儲備中流出，這意味著只需要9 個月就可以消耗完所有剩餘儲備。

Post-Halving Scarcity to Surge Dramatically

減半後稀缺性急遽上升

The scarcity of Bitcoin is anticipated to intensify post-halving. The report employs the Stock-to-Flow (S2F) ratio, which is calculated by dividing the circulating supply of a commodity by its annual production, as a gauge of scarcity.

預計比特幣的稀缺性將在減半後加劇。該報告採用庫存與流量（S2F）比率作為衡量稀缺性的指標，該比率是透過將商品的流通供應量除以其年產量來計算的。

"Bitcoin's S2F ratio is around 56 before the upcoming halving, while gold is 60," the report notes. "After the halving in April 2024, Bitcoin's S2F ratio is projected to double to 112."

報告指出：“在即將到來的減半之前，比特幣的 S2F 比率約為 56，而黃金為 60。” “2024 年 4 月減半後，比特幣的 S2F 比率預計將翻一番，達到 112。”

Institutional Investors Strategically Position for Halving

機構投資人為減半做好策略佈局

Institutional investors, fully aware of these impending developments, have already initiated strategic positioning for the halving event. This proactive approach became particularly evident following the U.S. approval of Bitcoin Spot ETFs.

機構投資人充分意識到這些即將發生的事態發展，已經開始對減半事件進行策略性定位。在美國批准比特幣現貨 ETF 後，這種積極主動的做法變得特別明顯。

"Bitcoin is becoming the safest investment choice even for the most sophisticated investors in the crypto field," the report asserts. "The price correlation between Bitcoin and the rest of cryptocurrency has been consistently high, and investment in Bitcoin has also been regarded as the cryptocurrency with the lowest beta."

報告指出：“即使對於加密貨幣領域最成熟的投資者來說，比特幣也正在成為最安全的投資選擇。” “比特幣與其他加密貨幣之間的價格相關性一直很高，對比特幣的投資也被認為是貝塔值最低的加密貨幣。”

Implications for Market Scarcity and Investment Strategy

對市場稀缺性和投資策略的影響

The evolving dynamic in Bitcoin's supply and its implications for market scarcity are of paramount importance to both investors and market observers alike. As Bitcoin becomes increasingly scarce, its allure as a 'digital gold' is poised to amplify, potentially impacting its valuation and investment strategy across the cryptocurrency landscape.

比特幣供應的動態變化及其對市場稀缺性的影響對於投資者和市場觀察家來說都至關重要。隨著比特幣變得越來越稀缺，其作為「數位黃金」的吸引力即將增強，可能會影響其在整個加密貨幣領域的估值和投資策略。

The findings of Bybit's report serve as a crucial indicator for both current and prospective investors, suggesting that strategic adjustments may be prudent to accommodate the impending supply dynamics.

Bybit報告的調查結果對於現有和潛在投資者來說都是一個重要指標，表明策略調整可能是謹慎的，以適應即將到來的供應動態。

"Each Bitcoin halving sharpens the narrative of Bitcoin as not just a currency, but a scarce digital asset, akin to digital gold," affirmed Ben Joe, Co-Founder and CEO of Bybit. "This upcoming halving in 2024 will thrust Bitcoin into an era of unprecedented scarcity, making it twice as rare as gold."

Bybit 聯合創始人兼首席執行官 Ben Joe 表示：“比特幣每次減半都強化了比特幣不僅是一種貨幣，而且是一種稀缺數字資產，類似於數字黃金的形象。” “即將到來的 2024 年減半將把比特幣推入一個前所未有的稀缺時代，使其稀有程度是黃金的兩倍。”