美國交易所撤離顯示比特幣看漲

自 1 月以來，在美國推出現貨 ETF 的推動下，比特幣交易所出現了 136,000 BTC 的大幅流出。這種退出趨勢造成了供應緊張，分析師預測未來六到十二個月內需求可能會激增。

Bitcoin Exodus from Exchanges Signals Significant Squeeze Anticipated

比特幣從交易所撤離預示著預計將出現嚴重擠壓

Amidst a flurry of exchange outflows totaling over 136,000 BTC since January 11th, market analysts are forecasting a substantial supply squeeze that could propel Bitcoin's price to new heights in the coming months.

自 1 月 11 日以來，在總計超過 136,000 BTC 的一連串交易所外流中，市場分析師預測，供應將大幅緊張，這可能會在未來幾個月將比特幣的價格推向新的高度。

Unprecedented Outflows from Exchanges

交易所資金流出史無前例

The exodus of Bitcoin from leading exchanges has reached unprecedented levels, with approximately $10 billion worth of the cryptocurrency vanishing from platforms in the wake of the launch of spot exchange-traded funds (ETFs) in the United States. Glassnode, an on-chain monitoring firm, has meticulously tracked these outflows, revealing a total of 136,000 BTC departing exchanges since the beginning of the year.

比特幣從主要交易所的外流達到了前所未有的水平，在美國推出現貨交易所交易基金 (ETF) 後，價值約 100 億美元的加密貨幣從平台上消失。鏈上監控公司 Glassnode 仔細追蹤了這些資金外流情況，顯示自今年年初以來共有 136,000 個 BTC 離開交易所。

Bullish Supply Dynamics

看漲的供應動態

The relentless withdrawal of Bitcoin from exchanges has dramatically shifted the supply dynamics in favor of the bulls. With nearly two-thirds of the year elapsed, prominent trading platforms have witnessed the depletion of an estimated $10 billion of Bitcoin through U.S. spot ETFs. This massive outflow has significantly reduced the available supply of the cryptocurrency.

比特幣不斷從交易所撤出，大大改變了供應動態，有利於多頭。今年已過去近三分之二，知名交易平台見證了美國現貨 ETF 消耗了約 100 億美元的比特幣。這種大規模的資金外流大大減少了加密貨幣的可用供應。

Exchange Balances Hit 4-Year Low

外匯餘額創四年新低

The cumulative balance of exchanges monitored by Coinbase has plummeted to a staggering 2,320,458 BTC as of March 28th, marking the lowest level recorded since April 2018. Moreover, the trend shows no signs of abating. Glassnode reported that the third-largest withdrawal day in 2024 occurred on March 27th, with over 22,000 BTC ($1.54 billion) moving out of exchanges.

截至 3 月 28 日，Coinbase 監測的交易所累計餘額已暴跌至驚人的 2,320,458 BTC，創下 2018 年 4 月以來的最低水準。而且，這一趨勢沒有減弱的跡象。 Glassnode 報告稱，2024 年第三大提款日發生在 3 月 27 日，超過 22,000 BTC（15.4 億美元）從交易所撤出。

Demand Outpacing Supply

需求超過供應

Market flow analyst J.A. Maartunn of on-chain analytics platform CryptoQuant has identified a significant influx of the stablecoin USD Coin (USDC) to Coinbase, suggesting a surge in demand for Bitcoin. This surge has intensified speculation that the long-term impact of ETFs on Bitcoin's supply and price could be substantial.

市場流動分析師 J.A.鏈上分析平台 CryptoQuant 的 Maartunn 發現穩定幣美元硬幣 (USDC) 大量湧入 Coinbase，這表明對比特幣的需求激增。這種激增加劇了人們的猜測，即 ETF 對比特幣供應和價格的長期影響可能是巨大的。

Supply Squeeze Prediction

供應緊張預測

Prominent analysts have asserted that the next six to twelve months could witness a significant "squeeze" in supply as demand for Bitcoin outstrips the available supply. This squeeze is expected to intensify after the upcoming halving event in mid-April, which will further reduce the issuance of new Bitcoins by miners.

著名分析師斷言，由於比特幣的需求超過可用供應，未來六到十二個月的供應可能會出現嚴重「擠壓」。在四月中旬即將到來的減半事件之後，這種擠壓預計將加劇，這將進一步減少礦工新發行的比特幣。

Impact on Price

對價格的影響

The anticipated supply squeeze is widely expected to exert upward pressure on Bitcoin's price. As the available supply dwindles, competition for the remaining coins will intensify, potentially driving the price to record highs.

人們普遍預計，預期的供應緊張將對比特幣的價格施加上行壓力。隨著可用供應量的減少，對剩餘代幣的競爭將會加劇，可能會推動價格創下歷史新高。

Conclusion

結論

The unprecedented exodus of Bitcoin from exchanges, coupled with the growing demand and the impending halving event, has created a bullish scenario for the cryptocurrency. Analysts anticipate that this convergence of factors could trigger a significant supply squeeze in the coming months, potentially sending Bitcoin's price soaring to new heights.

比特幣史無前例地從交易所流出，加上不斷增長的需求和即將到來的減半事件，為加密貨幣創造了看漲的前景。分析師預計，這些因素的融合可能會在未來幾個月引發供應嚴重緊張，這可能導致比特幣價格飆升至新高。