鯨魚購買狂潮：加密貨幣巨頭在市場區間波動中累積比特幣

儘管比特幣價格陷入困境，但鏈上數據顯示鯨魚正在積極累積比特幣，他們持有超過 510 萬枚比特幣（價值 3,310 億美元）。這種強勁的需求與最近的市場疲軟相矛盾，並表明潛在的勢頭正在增強，比特幣陷入 73,800 美元至 60,000 美元的區間。突破布林通道中線上方可能會將其推至歷史新高。然而，由於恐慌性拋售和 ETF 資金外流的發生，增加了價格進一步下跌的可能性，因此仍需保持謹慎。

Whale Activity Amid Bitcoin's Range-Bound Price Action

比特幣價格區間波動中的鯨魚活動

Despite the market's struggles to gain momentum and Bitcoin's confinement within a narrow price range, on-chain data presents a contrasting narrative. As reported by an analyst on Twitter, whales, the crypto market's largest holders, are actively accumulating Bitcoin.

儘管市場難以獲得動力，比特幣也被限制在狹窄的價格區間內，但鏈上數據卻呈現出截然不同的情況。根據推特上的一位分析師報告，加密貨幣市場最大的持有者鯨魚正積極累積比特幣。

At the time of the data's dissemination, Bitcoin whales held over 5.1 million BTC, equivalent to a staggering $331 billion. This substantial demand, evident amidst the recent market weakness and skepticism about further price declines, underscores the sustained interest in Bitcoin.

截至數據發佈時，比特幣鯨魚持有超過 510 萬比特幣，相當於驚人的 3,310 億美元。在最近的市場疲軟和對價格進一步下跌的懷疑中，這種巨大的需求凸顯了人們對比特幣的持續興趣。

Price Range and Market Sentiment

價格範圍和市場情緒

Currently, Bitcoin is constrained within a range, bounded by caps at $73,800 and $60,000. Despite the prevailing market confidence, Bitcoin has been unable to break above $70,000, even following the Halving event on April 20. While price stability is observed, the lack of follow-through after April 21 and 22 insinuates underlying weakness.

目前，比特幣的價格上限為 73,800 美元和 60,000 美元。儘管市場信心十足，但即使在 4 月 20 日減半事件之後，比特幣仍無法突破 70,000 美元。

Based on the BTCUSDT price chart, a potential breakout above the middle Bollinger Band could trigger a significant upward surge. If accompanied by favorable fundamental developments, the resulting momentum could propel Bitcoin towards new all-time highs.

根據 BTCUSDT 價格圖表，突破布林通道中線的潛在突破可能會引發大幅上漲。如果伴隨著有利的基本面發展，由此產生的勢頭可能會推動比特幣創下歷史新高。

Alternatively, a resurgence of sellers could instigate a further decline, as indicated by the sharp rejection of buyers on April 24. This bearish signal may set Bitcoin on a path towards lower lows, potentially surpassing the April 2023 lows.

或者，賣家的復甦可能會引發進一步的下跌，正如4 月24 日買家的強烈拒絕所表明的那樣。月的低點。

Panic Selling and Market Losses

恐慌性拋售和市場損失

Parallel market data reveals a surge in panic selling on prominent crypto exchanges, Binance and OKX. In the past two weeks, these exchanges have witnessed a combined sell-off of 5,137 BTC, resulting in substantial losses. As prices have declined during this period, bulls have failed to counterbalance the sell-off, particularly after consecutive losses on April 12 and 13.

平行市場數據顯示，知名加密貨幣交易所幣安和 OKX 上的恐慌性拋售激增。過去兩週，這些交易所共拋售 5,137 枚 BTC，造成巨額損失。由於在此期間價格下跌，多頭未能抵消拋售，特別是在 4 月 12 日和 13 日連續下跌之後。

ETF Outflows and Price Pressures

ETF 資金流出和物價壓力

ARKB, a spot Bitcoin exchange-traded fund (ETF), has experienced significant outflows. On April 25, data indicates a sale of 490 BTC, valued at $31 million, marking the third-largest single-day outflow in ARKB's history.

ARKB 是一款現貨比特幣交易所交易基金 (ETF)，已出現大量資金流出。 4 月 25 日，數據顯示售出 490 BTC，價值 3,100 萬美元，創下 ARKB 史上第三大單日流出量。

Recent price pressures on BTC coincide with a noticeable drop in spot ETF inflows during the second half of April. On April 25, Lookonchain reported a decrease of over 2,100 BTC, worth approximately $135 million, across GBTC and all nine spot ETF issuers.

近期 BTC 的價格壓力與 4 月下半月現貨 ETF 流入量的顯著下降同時發生。 4 月 25 日，Lookonchain 報告稱，GBTC 和所有九個現貨 ETF 發行人的資產減少了 2,100 多個 BTC，價值約 1.35 億美元。

Disclaimer

免責聲明

This article is presented solely for educational purposes and does not constitute financial advice. Investors are advised to conduct thorough due diligence before making any investment decisions. The use of information provided in this article is entirely at the reader's own risk.

本文僅供教育目的，並不構成財務建議。建議投資者在做出任何投資決定之前進行徹底的盡職調查。使用本文中提供的資訊的風險完全由讀者自行承擔。