加密貨幣交易所 Coinbase 上週創下最高流出量，一小時內撤回 10,756 比特幣 (BTC)

加密鯨魚和機構投資者紛紛買入巨額資產，逢低買入，並著眼於另一輪反彈。

Major crypto exchange Coinbase recorded the highest crypto outflow last week, with 10,756 Bitcoin (BTC) being withdrawn within an hour. The total volume was valued at around $1.1 billion, signaling slight bull signals in the market.

主要加密貨幣交易所 Coinbase 上週創下了最高的加密貨幣流出量，一小時內就有 10,756 比特幣 (BTC) 被撤出。總成交量約 11 億美元，市場出現輕微牛市訊號。

Crypto whales and institutional investors are observed to be scooping up vast amounts of the leading crypto assets, buying the dip and setting sights on another rally.

據觀察，加密鯨魚和機構投資者正在買入大量領先的加密資產，逢低買入，並著眼於另一輪反彈。

Outflows from Centralized Exchanges

中心化交易所的資金流出

CryptoQuant analysts highlighted a series of massive outflows from centralized cryptocurrency exchanges. Coinbase saw the largest volume following the U.S. Federal Reserve cutting interest rates. The first block contained 8,093 BTC, followed by 2,557 BTC being moved out of the exchange in the hour.

CryptoQuant 分析師強調了集中式加密貨幣交易所的一系列大規模資金流出。聯準會降息後，Coinbase 的交易量達到最大。第一個區塊包含 8,093 BTC，隨後一小時內有 2,557 BTC 被移出交易所。

Outflows from centralized exchanges indicate improving market sentiments as users prioritize long-term holdings. On the other hand, inflows into these exchanges often point to sell-offs due to the ease of transaction, leading to sell pressure in the market with mounting inflows to Binance and Coinbase.

中心化交易所的資金流出表明市場情緒有所改善，因為用戶優先考慮長期持有。另一方面，由於交易的便利性，流入這些交易所的資金往往會導致拋售，導致市場拋售壓力，流入幣安和 Coinbase 的資金不斷增加。

Institutional Players Leading Buys

機構投資人主導買入

Bulk crypto purchases amid the market dip are observed to be coming from institutional investors, while retail holders have sold assets to book gains in the last seven days following the crypto leader touching all-time highs. However, most traditional and larger players are seen to be holding on a long-term basis ahead of positive macro factor movements in the United States.

據觀察，市場下跌期間的大量加密貨幣購買來自機構投資者，而在加密貨幣領導者觸及歷史新高後的過去 7 天內，散戶投資者出售資產以獲取收益。然而，在美國宏觀因素出現正面變化之前，大多數傳統和規模較大的參與者都將長期持有。

The recent outflows from exchanges came after the U.S. Federal Reserve announced interest rate cuts. On Dec 18, the central bank slashed policy rates by 25 basis points, bringing figures to the lowest since February 2023. This follows slowing inflationary trends adding to crypto investments, with rate cuts leading to more inflows as investors pour funds into risky assets.

最近交易所的資金流出是在聯準會宣布降息之後發生的。 12 月18 日，央行將政策利率下調25 個基點，使數據降至2023 年2 月以來的最低水準。 ，降息導致更多資金流入。

CryptoQuant analysts linked the recent activity to spot Bitcoin ETFs and other institutional activity, signaling a strong rebound for BTC price in 2024 coupled with recent projections by stakeholders.

CryptoQuant 分析師將近期的活動與現貨比特幣 ETF 和其他機構活動聯繫起來，這表明 2024 年 BTC 價格將強勁反彈，再加上利益相關者最近的預測。

“The scale of this transaction strongly indicates institutional buying (RIOT and MARA) or intermediary purchases for Spot ETF demand, consistent with similar activity observed over the past year. Such movements highlight the growing influence of institutional players in the Bitcoin market. U.S. investors continue to accumulate Bitcoin relentlessly, undeterred by price fluctuations or market downturns.”

「這筆交易的規模強烈表明機構購買（RIOT 和 MARA）或中介購買現貨 ETF 需求，與過去一年觀察到的類似活動一致。這些舉動凸顯了機構參與者在比特幣市場中日益增長的影響力。美國投資者繼續不懈地累積比特幣，不受價格波動或市場低迷的影響。

Bitcoin miner Hut 8 purchased 990 Bitcoin valued at around $100 million, boosting its reserve to over $1 billion. The company noted that it aligns with its strategy to merge low-cost BTC mining with buying opportunities. In recent activity, Riot Platforms also splurged $525 million to acquire 5,117 BTC, further boosting bull activity.

比特幣礦商 Hut 8 購買了 990 個比特幣，價值約 1 億美元，使其儲備金增加至超過 10 億美元。該公司指出，它符合將低成本比特幣挖礦與購買機會結合的策略。在最近的活動中，Riot Platforms 還斥資 5.25 億美元收購了 5,117 BTC，進一步推動了多頭市場活動。