鯨魚正在將其持有轉移到交流中，這可能意味著大價波動即將到來

鯨魚是加密貨幣的大持有人，這些個人或實體可以通過購買硬幣或將硬幣傾倒到市場來轉移市場。

Large holders, commonly known as whales, in the cryptocurrency market can exert a significant influence on the market trends. They can impact the market either by actively buying up coins, thus increasing demand and potentially pushing prices up, or by dumping coins en masse, which can exert selling pressure and drive prices down.

在加密貨幣市場中，大型持有人（通常稱為鯨魚）可以對市場趨勢產生重大影響。它們可以通過積極購買硬幣來影響市場，從而增加需求並可能提高價格，或者通過將硬幣傾倒來傾銷，這可以施加銷售壓力並降低價格。

Cryptocurrency analytics firm Santiment sheds light on the behavior of these large-holder whales and how it is being monitored to try to forecast certain market conditions.

加密貨幣分析公司Santiment闡明了這些大型鯨魚的行為以及如何監控它以預測某些市場狀況。

According to Santiment’s analysis, some of the largest whale movements were spotted for the assets EURI, USDP, NEIRO, and MOCA, with large portions of the total supply of those assets being transferred.

根據Santiment的分析，對於Euri，USDP，Neiro和Moca的資產，發現了一些最大的鯨魚運動，其中大部分是轉讓這些資產的總供應。

This is an important point to note because these big transfers to exchanges are often signals that major price adjustments are about to happen.

這是值得注意的重要點，因為這些向交換的大型轉移通常表明主要價格調整即將發生。

“Significant whale movement to exchanges, according to the @santimentfeed centralized exchange deposit dashboard, has been spotted for the following assets in individual transfers:

根據@SantimentFeed集中式的交換存款儀表板的說法，重大交流的鯨魚運動已被發現用於以下資產：

🪙 @eurite_bc $EURI (2.92% of supply moved)

🪙@eurite_bc $ euri（移動供應的2.92％）

🪙 @paxos $USDP (1.89% of supply moved)

🪙@paxos $ usdp（移動供應的1.89％）

🪙 $NEIRO (1.21% of supply moved)

🪙$ neiro（移動供應的1.21％）

....and $MOCA (0.88% of supply moved). ”

....和$ MOCA（供應量的0.88％）。透明

EURI: European Stablecoin Pliable in Hands of Large Holder

EURI：歐洲Stablecoin掌握了大型持有人

The European stablecoin, EURI, saw 2.92% of its total supply moved. Such a large transfer could signal a variety of things, such as a whale preparing for a potential sale or repositioning in the market.

歐洲的歐洲歐洲石油公司的總供應量佔其總供應量的2.92％。如此大的轉移可能會標誌著各種事情，例如為市場上的潛在銷售或重新定位做準備。

Given the volatility inherent in stablecoins and their importance in global trading, large transactions like this could also be tied to strategic moves involving currency hedging or liquidity management and might echo the financial gymnastics around the collapses of Lehman Brothers and Bear Stearns.

鑑於Stablecoins固有的波動性及其在全球貿易中的重要性，類似這樣的大型交易也可能與涉及貨幣對沖或流動性管理的戰略舉動有關，並可能會呼應圍繞雷曼兄弟（Lehman Brothers）和熊牛（Bear Stearns）崩潰的金融體操。

USDP: Paxos-Issued Stablecoin May See Increased Selling Pressure

USDP：Paxos發行的Stablecoin可能會看到銷售壓力增加

In much the same way, the Paxos-issued stablecoin, USDP, witnessed 1.89% of its supply being shifted to exchanges. Although USDP has seemed a relatively stable asset in the crypto space, this sort of shifting could be a signal that significant holders are gearing up for trading in the not-so-distant future, which has the potential to affect liquidity and pricing.

以同樣的方式，由Paxos發行的Stablecoin（USDP）目睹了其供應量的1.89％轉移到交易所。儘管USDP在加密貨幣領域似乎是一個相對穩定的資產，但這種轉變可能是一個信號表明，重要的持有人正在為交易做準備在不太遙遠的未來，這有可能影響流動性和價格。

Whether these transfers represent a move toward liquidation or a positioning play in anticipation of a broader market shift remains to be seen.

這些轉移是否代表著清算的轉變，還是在預期更廣泛的市場轉變的情況下進行定位遊戲還有待觀察。

NEIRO: Smaller-Cap Asset Could See Larger Impact From Transaction

NEIRO：較小股的資產可能會看到交易的更大影響

The smaller-cap cryptocurrency, NEIRO, saw 1.21% of the total supply move. Smaller-cap cryptocurrencies could experience more noticeable price fluctuations based on large transactions.

較小的加密貨幣Neiro佔總供應移動的1.21％。較小的加密貨幣可能會根據大型交易經歷更明顯的價格波動。

Whale movements in such assets often precede significant market moves, either from institutional investors seeking to capitalize on price swings or from major stakeholders adjusting their portfolios.

此類資產的鯨魚運動通常是從尋求利用價格波動的機構投資者或從調整其投資組合的主要利益相關者來看的機構投資者之前進行的。

MOCA: Native Token of Moca Network May See Project Development

MOCA：MOCA網絡的本地令牌可能會看到項目開發

Lastly, MOCA, the native token of the Moca Network, saw 0.88% of its total supply moved to exchanges. While this may seem like a smaller transfer compared to the others, it still represents a sizable percentage of the token’s circulating supply.

最後，MOCA網絡的本地令牌Moca看到其總供應量的0.88％轉移到了交易所。儘管與其他情況相比，這似乎是一個較小的轉移，但它仍然代表著令牌循環供應的相當一部分。

Given that MOCA is associated with a specific ecosystem, such movements could indicate upcoming project developments or changes in investor sentiment regarding its long-term potential.

鑑於MOCA與特定的生態系統有關，因此這種運動可能表明即將到來的項目發展或投資者對其長期潛力的變化。

Why Whale Movements Matter

為什麼鯨魚運動很重要

The exchanges can be early warning systems for enormous market changes. They and the activity seen at them tell us a lot when it comes to major market moves.

交易所可能是市場變化的預警系統。他們和他們看到的活動在主要市場轉移方面告訴了我們很多事情。

Seeing big chunks of an asset being moved to centralized exchanges by large holders is, on the whole, a pretty bearish signal. It could certainly also be a signal to be on guard, not just for those who hold particular assets but for the market as a whole.

總體而言，看到大型資產被轉移到集中式交流的大部分是一個非常看跌的信號。當然，這也可能是一個信號，不僅對於那些持有特定資產的人，而且對於整個市場的人來說。

Furthermore, transactions by whales tend to have an effect on liquidity, and this is particularly apparent in smaller-cap assets. The same is true for market conditions wherein the volatility is low. In these scenarios, a single large trade, whether it’s a buy or a sell, can push the price of an asset well in the intended direction if that direction happens to be down. But what are the implications of this for the future of price discovery and an asset’s real-world utility? Again, I don’t know.

此外，鯨魚交易往往會對流動性產生影響，這在較小CAP資產中尤其明顯。對於波動性較低的市場條件也是如此。在這些情況下，如果是買賣，無論是買入還是賣出，都可以在預期的方向上很好地推動資產的價格。但是，這對價格發現的未來和資產現實世界的實用程序有什麼意義？再次，我不知道。

Consequently, analysts and investors have to keep a watchful eye on the activity of whales. When the biggest holders of a cryptocurrency start making significant moves, it is always a good idea to figure out what those moves might mean. If you can, try to track down the largest transfers of crypto to exchanges and figure out if those transfers were made by whales and what kinds of assets they were moving. If you’re not able to do all of that, then at least guesstimate what kind of impact certain big moves by certain big players might have on cryptocurrency prices.

因此，分析師和投資者必須注意鯨魚的活動。當加密貨幣的最大持有人開始採取重大舉措時，弄清楚這些舉動可能意味著什麼總是一個好主意。如果可以的話，請嘗試追踪最大的加密轉換轉換，並弄清楚這些轉移是否是由鯨魚進行的，以及它們正在移動的資產。如果您無法做到這一切，那麼至少猜測某些大玩家可能會對加密貨幣價格產生什麼樣的影響。