鯨魚們對比特幣（BTC）失去信心了嗎？這是鏈上數據揭示的內容

在經歷了一段舒適的上升趨勢後，比特幣 [BTC] 的價格在圖表上出現下跌，並開始在 70,000 美元以下盤整。同時，似乎

Bitcoin [BTC] began to consolidate under the $70,000 level after a comfortable uptrend. Meanwhile, large-pocketed players seemed to have reduced their holdings in 2024.

在經歷了一段舒適的上升趨勢後，比特幣 [BTC] 開始在 70,000 美元水平下方盤整。與此同時，財力雄厚的玩家似乎在 2024 年減少了持股。

But does this mean they have been losing confidence in BTC? Or were they reducing their positions to earn profits.

但這是否意味著他們對比特幣失去了信心？或者他們是為了賺取利潤而減少部位。

Whales selling Bitcoin?

鯨魚出售比特幣？

It is important to note that while BTC’s value dropped, its price was still hovering close to its all-time high at press time.

值得注意的是，儘管比特幣的價值下跌，但截至發稿時其價格仍徘徊在歷史高點附近。

With Bitcoin performing as it is, IntoTheBlock shared a tweet revealing an interesting development. According to the same, 1,013,120 addresses held more than 1 BTC. This number fell from 1,024,437 since the start of the year.

隨著比特幣的表現，IntoTheBlock 分享了一條推文，揭示了一個有趣的發展。根據該數據，有 1,013,120 個位址持有超過 1 BTC。這一數字較年初以來的 1,024,437 人有所下降。

At first glance, this might suggest that whales may be losing confidence in the king coin. However, the reality might be different. The whales might have chosen to sell their assets in order to earn profits. Especially as BTC’s price was considerably high on the charts.

乍一看，這可能表明鯨魚可能正在對王幣失去信心。然而，現實可能有所不同。鯨魚可能會選擇出售其資產以賺取利潤。尤其是當 BTC 的價格在圖表上相當高的時候。

To check the same, AMBCrypto assessed the crypto’s on-chain data. As per AMBCrypto’s analysis of Glassnode’s data, Bitcoin’s net position change remained in the negative zone over the past few months. A major reason behind this could be BTC’s price rise during the same period. Generally, when prices approach ATHs, investors often choose to sell their holdings in order to take profits.

為了檢查這一點，AMBCrypto 評估了加密貨幣的鏈上資料。根據 AMBCrypto 對 Glassnode 數據的分析，過去幾個月比特幣的淨部位變化仍處於負值區域。這背後的一個主要原因可能是同期比特幣價格的上漲。一般來說，當價格接近ATH時，投資者通常會選擇出售所持股份以獲取利潤。

Source: Glassnode

來源：Glassnode

AMBCrypto then checked Bitcoin’s social metrics to find out whether confidence in the coin has actually been dwindling. According to our analysis, BTC’s weighted sentiment kept moving in the positive and negative zones frequently over the past week.

AMBCrypto 隨後檢查了比特幣的社交指標，以了解人們對比特幣的信心是否實際上正在下降。根據我們的分析，過去一周，BTC 的權重情緒在正負區間頻繁波動。

This meant that there was not a particular sentiment that was dominant in the market. Therefore, the possibility of whales selling to earn profits seemed high.

這意味著市場上不存在主導的特定情緒。因此，鯨魚出售獲利的可能性似乎很高。

Source: Santiment

資料來源：Santiment

Mapping BTC’s future

描繪比特幣的未來

Since the big-pocketed plates were taking profits and reducing their holdings, AMBCrypto then assessed how this might affect the crypto’s price.

由於財力雄厚的板塊正在獲利並減少持倉，AMBCrypto 隨後評估了這可能如何影響加密貨幣的價格。

As per our analysis of CryptoQuant’s data, Bitcoin’s aSORP was red. This indicated that more investors have been selling at a profit. In the middle of a bull market, it can hint at a market top.

根據我們對 CryptoQuant 數據的分析，比特幣的 aSORP 為紅色。這表明更多投資者已經獲利了結。在牛市中期，它可以暗示市場頂部。

Source: CryptoQuant

來源：CryptoQuant

Coinglass’s liquidation heatmap also revealed that in case of a price drop, BTC’s value might decline to $68.6k. This was the case as liquidations will rise sharply, which can possibly act as a support from where bulls would have an opportunity to bounce back.

Coinglass 的清算熱圖也顯示，如果價格下跌，BTC 的價值可能會跌至 6.86 萬美元。情況就是這樣，因為清算將急劇增加，這可能會成為多頭有機會反彈的支撐。

Read Bitcoin’s [BTC] Price Prediction 2024-25

閱讀比特幣 [BTC] 2024-25 價格預測

After a comfortable uptrend, Bitcoin [BTC] saw a price drop on the charts and started to consolidate under $70,000. Meanwhile, it would seem that big-pocketed players reduced their holdings in 2024 too.

在經歷了一段舒適的上升趨勢後，比特幣 [BTC] 的價格在圖表上出現下跌，並開始在 70,000 美元以下盤整。同時，財力雄厚的玩家似乎也會在 2024 年減持。

Does this mean they have been losing confidence in BTC? Or were they reducing their positions to earn profits?

這是否意味著他們對比特幣失去了信心？或者他們是在減少頭寸以賺取利潤？

Are whales selling Bitcoin?

鯨魚在賣比特幣嗎？

Here, it’s worth noting that while BTC’s value dropped, its price was still hovering close its all-time high at press time.

值得注意的是，儘管 BTC 的價值下跌，但截至發稿時，其價格仍徘徊在歷史高點附近。

With Bitcoin performing as it is, IntoTheBlock shared a tweet revealing an interesting development. According to the same, 1,013,120 addresses held more than 1 BTC. This number fell from 1,024,437 since the start of the year.

隨著比特幣的表現，IntoTheBlock 分享了一條推文，揭示了一個有趣的發展。根據該數據，有 1,013,120 個位址持有超過 1 BTC。這一數字較年初以來的 1,024,437 有所下降。

At first glance, this might suggest that whales may be losing confidence in the king coin. However, the reality might be different. The whales might have chosen to sell their assets in order to earn profits. Especially as BTC’s price was considerably high on the charts.

乍一看，這可能表明鯨魚可能正在對王幣失去信心。然而，現實可能有所不同。鯨魚可能會選擇出售其資產以賺取利潤。尤其是當 BTC 的價格在圖表上相當高的時候。

To check the same, AMBCrypto assessed the crypto’s on-chain data. As per AMBCrypto’s analysis of Glassnode’s data, Bitcoin’s net position change remained in the negative zone over the past few months. A major reason behind this could be BTC’s price rise during the same period. Generally, when prices approach ATHs, investors often choose to sell their holdings in order to take profits.

為了檢查這一點，AMBCrypto 評估了加密貨幣的鏈上資料。根據 AMBCrypto 對 Glassnode 數據的分析，過去幾個月比特幣的淨部位變化仍處於負值區域。這背後的一個主要原因可能是同期比特幣價格的上漲。一般來說，當價格接近最高點時，投資者通常會選擇出售所持有股份以獲取利潤。

Source: GlassnodeAMBCrypto then checked Bitcoin’s social metrics to find out whether confidence in the coin has actually been dwindling. According to our analysis, BTC’s weighted sentiment kept moving in the positive and negative zones frequently over the past week.

資料來源：GlassnodeAMBCrypto 隨後檢查了比特幣的社交指標，以了解人們對比特幣的信心是否實際上正在下降。根據我們的分析，過去一周，BTC 的權重情緒在正負區間頻繁波動。

This meant that there was not a particular sentiment that was dominant in the market. Therefore, the possibility of whales selling to earn profits seemed high.

這意味著市場上不存在主導的特定情緒。因此，鯨魚出售獲利的可能性似乎很高。

Source: SantimentMapping BTC’s future

資料來源：SantimentMapping BTC 的未來

Since the big-pocketed plates were taking profits and reducing their holdings, AMBCrypto

由於財力雄厚的板塊紛紛獲利了結並減持，AMBCrypto