Grayscale 的比特幣拋售在 ETF 繁榮中引發市場熱議

Arkham Intelligence 的分析顯示，自1 月以來，由於GBTC 贖回，Grayscale 已從其金庫中轉移了266,470 個比特幣，這表明其比特幣持有量的消耗速度很快，並且可能在96 天內耗盡。

Grayscale's Massive Bitcoin Transactions Fuel Market Speculation

灰階的大規模比特幣交易加劇了市場投機

Arkham Intelligence, a leading blockchain analytics firm, has released a groundbreaking analysis revealing that Grayscale Investments, a prominent digital asset management company, has executed substantial Bitcoin transactions since the inception of Bitcoin exchange-traded funds (ETFs) in January.

領先的區塊鏈分析公司 Arkham Intelligence 發布了一項開創性的分析，顯示著名的數位資產管理公司 Grayscale Investments 自 1 月比特幣交易所交易基金 (ETF) 成立以來已經執行了大量比特幣交易。

According to the report, Grayscale has transferred a significant quantity of 266,470 Bitcoins from its vaults as part of Grayscale Bitcoin Trust (GBTC) redemptions. This substantial outflow has raised concerns about the depletion of Grayscale's Bitcoin reserves.

據報道，作為灰階比特幣信託（GBTC）贖回的一部分，灰階已從其金庫轉移了大量 266,470 枚比特幣。這種大量資金外流引發了人們對灰階比特幣儲備耗盡的擔憂。

Rapid Depletion of Grayscale's Bitcoin Holdings

灰階的比特幣持有量迅速耗盡

Arkham Intelligence's analysis highlights the rapid rate at which Grayscale's Bitcoin holdings are being depleted. At the current redemption pace, Grayscale's Bitcoin reserves are projected to be exhausted in approximately 96 days. This translates to an alarming average withdrawal rate of roughly 25,900 Bitcoins per week.

Arkham Intelligence 的分析強調了 Grayscale 所持有的比特幣正在迅速耗盡。按照目前的贖回速度，灰度的比特幣儲備預計將在大約 96 天內耗盡。這意味著每周平均提款率約為 25,900 個比特幣，令人震驚。

Strategic Adjustments by Grayscale

灰階戰略調整

In response to the market dynamics and concerns raised by the massive Bitcoin transfers, Grayscale is reportedly considering strategic adjustments to its operations. As reported by Coin Wu, a renowned blockchain expert, Grayscale is exploring fee reductions and the launch of mini-ETFs to better align with the evolving market environment.

據報道，為了應對市場動態和大規模比特幣轉移引發的擔憂，灰階正在考慮對其營運進行策略性調整。根據著名區塊鏈專家 Coin Wu 報導，灰階正在探索降低費用和推出迷你 ETF，以更好地適應不斷變化的市場環境。

CEO Addresses Concerns

執行長解決疑慮

Grayscale CEO Michael Sonnenshein has sought to allay concerns surrounding GBTC, particularly its price. Sonnenshein indicated that a fee reduction is forthcoming, drawing parallels to other financial markets where fees typically decline as products mature.

Grayscale 執行長 Michael Sonnenshein 試圖減輕人們對 GBTC 的擔憂，尤其是其價格。 Sonnenshein 表示，費用即將降低，這與其他金融市場的費用通常會隨著產品成熟而下降類似。

Market Implications

市場影響

The massive Bitcoin transfers and strategic adjustments by Grayscale have sparked considerable interest in the cryptocurrency market. Bitcoin has been trading at elevated levels, currently hovering around $65,882, representing a gain of 1.93% in the past 24 hours. The broader cryptocurrency market has also experienced significant value appreciation, with Bitcoin's monthly growth exceeding 26%.

灰階的大規模比特幣轉移和策略調整引發了人們對加密貨幣市場的濃厚興趣。比特幣交易價格一直處於高位，目前徘徊在 65,882 美元附近，過去 24 小時內上漲 1.93%。更廣泛的加密貨幣市場也經歷了顯著的價值升值，比特幣的月度成長超過 26%。

ETF Market Dynamics

ETF市場動態

Grayscale's strategic pivot marks a significant development in the burgeoning Bitcoin ETF market. The company's substantial Bitcoin transfers and planned strategic changes underscore the need for adaptation and recalibration within the cryptocurrency ecosystem. As Grayscale navigates these evolving market dynamics, the potential impacts on Bitcoin's market performance and the wider adoption of cryptocurrency ETFs remain closely monitored by investors and market observers alike.

Grayscale 的策略支點標誌著蓬勃發展的比特幣 ETF 市場的重大發展。該公司大量的比特幣轉移和計劃中的策略變革強調了加密貨幣生態系統內適應和重新校準的必要性。隨著灰階應對這些不斷變化的市場動態，對比特幣市場表現的潛在影響和加密貨幣 ETF 的更廣泛採用仍然受到投資者和市場觀察人士的密切關注。