鯨魚正在加載比特幣，因為新投資者拋棄了他們的股份

在比特幣在看跌條件下進行比特幣的持續鬥爭之後，人們對熊市的猜測急劇增長

As speculations about a bear market have grown sharply within the community following Bitcoin (BTC)‘s persistent struggles with bearish conditions and the entire crypto market cap dropping by more than 20% in the last few months, major investors may be scooping up more BTC.

隨著在比特幣（BTC）在看跌條件下的持續鬥爭之後，人們對熊市的猜測急劇增長，並且在過去幾個月中，整個加密貨幣市場上限下降了20％以上，主要投資者可能會挖出更多BTC。

Whales Investors Load Up On Bitcoin In Big Chunks

鯨魚投資者在大塊的比特幣上加載

鯨魚投資者在大塊的比特幣上加載

In recent weeks, Bitcoin has faced solid downward movements, with the potential of dropping even further. Retail investors demonstrated fear and uncertainty during the broader market’s waning performance, causing them to unload their holdings.

最近幾週，比特幣面臨著堅實的下降運動，有可能進一步下降。散戶投資者在更廣泛的市場逐漸衰落的表現中表現出恐懼和不確定性，使他們卸載了持股。

However, BTC’s large investors, commonly known as whales, have upheld a bullish sentiment, accumulating the flagship asset at a rapid rate in these uncertain times. A market expert and investor with the nickname Caueconomy reported the positive trend in a recent quick take research on the leading on-chain data and analytics platform, CryptoQuant.

但是，BTC的大型投資者（通常稱為鯨魚）維持了看漲的情緒，在這些不確定的時期以迅速的速度積累了旗艦資產。暱稱Cauececomanty的市場專家和投資者報告了最近對領先的鏈上數據和分析平台CryptoFunt的快速研究的積極趨勢。

Specifically, these whales have been purchasing Bitcoin in the past 1 month, suggesting strong confidence in its long-term potential. During the period, the large investors accumulated more than 65,000 BTC despite the continued correction in price.

具體而言，這些鯨魚在過去一個月中一直在購買比特幣，這表明對其長期潛力有很大的信心。在此期間，儘管價格持續糾正，大型投資者仍積累了超過65,000 BTC。

This positive trend indicates high buying pressure among these investors, creating a bullish atmosphere for the flagship asset. Though the development does not imply immediate effects on price in the short term, it shows absorption by major players, excluding miners and crypto exchanges.

這種積極的趨勢表明這些投資者的購買壓力很大，為旗艦資產創造了看漲的氛圍。儘管該發展並不意味著短期內對價格產生直接影響，但它顯示了主要參與者的吸收，不包括礦工和加密交易所。

If it persists for a few more weeks, the expert noted the pattern will signal constant purchasing power, much like what was seen from November to December last year. In comparison to brief periods of accumulation followed by distributions, this ongoing movement among big investors is more crucial.

如果它持續了幾個星期，專家指出，該模式將表示恆定的購買力，就像去年11月至12月所看到的一樣。與短期積累之後進行分配相比，大型投資者之間的這種持續運動更為重要。

In the meantime, the continued accumulation by whales might serve as a bullish precursor, setting the stage for the next major Bitcoin move. Given the current price fluctuations, it seems whales are taking advantage of BTC’s drop as the digital asset struggles around the $80,000 level.

同時，鯨魚的持續積累可能是看漲的先驅，為下一個主要的比特幣舉動奠定了基礎。鑑於當前的價格波動，隨著數字資產掙扎在80,000美元的水平上，鯨魚似乎正在利用BTC的下降。

New BTC Investors Are Dumping Their Holdings

新的BTC投資者正在傾銷其股份

新的BTC投資者正在傾銷其股份

While big investors are demonstrating an encouraging trend, a bearish trend has been spotted among recent BTC buyers. Leading on-chain and financial platform Glassnode reported that Bitcoin’s persistent sell pressure mainly centered around these cohorts.

儘管大型投資者表現出令人鼓舞的趨勢，但最近的BTC買家發現了看跌趨勢。領先的鏈上和金融平台玻璃節報告報告說，比特幣的持續銷售壓力主要集中在這些同類群體周圍。

This wave of selling is putting downward pressure on Bitcoin’s price, preventing a sustained breakout in the short term. Furthermore, heightened volatility, weak demand, and liquidity constraints have made it impossible to resume significant accumulation, which has increased the possibility of a decline.

銷售浪潮正對比特幣的價格下降壓力，從而阻止了短期內的持續突破。此外，波動性的提高，需求疲軟和流動性限制使得無法恢復大量積累，這增加了下降的可能性。

Thus far, Bitcoin’s Short-Term Holder SOPR metric reveals that panic-driven selling has intensified. The metric has plummeted well below the break-even level of 1, indicating recent buyers’ fear and understanding of their loss.

到目前為止，比特幣的短期持有人SOPR指標表明，恐慌驅動的銷售已經加劇。該指標勢遠低於收支平衡1的水平，表明最近買家對他們的損失的恐懼和理解。