鯨魚在交易所藏匿了數十億美元的穩定幣，引發了比特幣和更廣泛市場復甦的希望

最近鯨魚的大規模穩定幣存款活動引發了人們對比特幣和更廣泛的市場在最近的回調後復甦的希望。

Recent large stablecoin deposits by whales are sparking hopes of a Bitcoin and broader market recovery following the latest pullback.

最近鯨魚的大量穩定幣存款引發了人們對比特幣和更廣泛的市場在最近的回調後復甦的希望。

Over the past few weeks, the crypto markets have displayed moments of uncertainty following the Federal Reserve’s hawkish stance heading into 2025. Despite the market offering some optimism with a Christmas Day rally, the ensuing sharp correction on Boxing Day once again instilled some doubt.

過去幾週，隨著聯準會在進入2025 年之前採取強硬立場，加密貨幣市場出現了一些不確定性。一些疑慮。

However, amid the market’s indecisiveness, leading crypto analytics platform Santiment Feed has argued that there is hope to be found in the activity of a closely watched class of crypto investors.

然而，在市場猶豫不決的情況下，領先的加密貨幣分析平台 Santiment Feed 認為，在受到密切關注的加密貨幣投資者階層的活動中有望找到希望。

Whales Preparing to Accumulate?

鯨魚準備吸籌？

On Christmas day, December 25, 2024, Bitcoin rallied to $99,900 amid a 7% jump from Christmas Eve lows of $93,500 amid a Fed-led slump. But any hopes that a recovery from the recent market slump were likely short-lived.

2024 年 12 月 25 日聖誕節，在聯準會主導的經濟衰退中，比特幣價格從平安夜低點 93,500 美元上漲 7%，升至 99,900 美元。但從最近的市場低迷中復甦的希望可能是短暫的。

Notably, on Boxing Day, December 26, the asset shed most of its Christmas gains to trade as low as $95,000, dragging the broader crypto market down with it. Despite the wild swings, Santiment Feed has maintained that the crypto market still has bullish undercurrents, citing whale activity.

值得注意的是，在 12 月 26 日節禮日，該資產回吐了大部分聖誕節收益，交易價格低至 95,000 美元，拖累了更廣泛的加密貨幣市場。儘管波動劇烈，但 Santiment Feed 仍以鯨魚活動為由，堅稱加密市場仍有看漲暗流。

In an X post on Friday, December 27, the firm noted that this class of crypto investors with extensive holdings were increasingly moving stablecoins to exchanges following the most recent dip, per its top centralized exchange deposit dashboard, presumably to load up on more crypto assets.

在12 月27 日星期五的X 貼文中，該公司指出，根據其頂級集中式交易所存款儀表板，這類持有大量加密貨幣的投資者在最近一次下跌後，越來越多地將穩定幣轉移到交易所，大概是為了購買更多加密資產。

Santiment Feed noted that in the past 24 hours alone, there had been at least seven such deposits worth over $9 million, with the highest carrying a value of $50 million.

Santiment Feed 指出，僅在過去 24 小時內，至少有 7 筆此類存款價值超過 900 萬美元，最高的一筆存款價值達 5000 萬美元。

The firm argued that while some of these deposits are likely aimed towards farming a new Binance Launchpool token BIO Protocol (BIO), the dominance of such large stablecoin transactions on the dashboard boded well for the crypto market regardless.

該公司認為，雖​​然其中一些存款可能旨在培育新的 Binance Launchpool 代幣 BIO 協議（BIO），但儀表板上如此大規模的穩定幣交易的主導地位無論如何對加密市場來說都是個好兆頭。

“it’s a strong sign that whales are gearing up for some purchasing, which can push up prices market-wide,” Santiment wrote, even though it is unclear when these whales intend to start making these purchases.

桑蒂門特寫道：「這是一個強烈的跡象，表明鯨魚正在準備進行一些購買，這可能會推高整個市場的價格。」儘管目前尚不清楚這些鯨魚打算何時開始進行這些購買。

Still, Santiment Feed’s recent statements align with CryptoQuant CEO Ki Young Ju’s opinion that the crypto bull market is still on.

儘管如此，Santiment Feed 最近的聲明與 CryptoQuant 執行長 Ki Young Ju 的觀點一致，即加密貨幣牛市仍在繼續。

Billions Flowing into the Market

數十億資金湧入市場

On Thursday, Young Ju argued that the crypto bull market was still on despite recent uncertainty. The analyst expressed this view, citing capital inflows into the market.

週四，Young Ju 表示，儘管近期存在不確定性，但加密貨幣牛市仍在繼續。這位分析師以資本流入市場為由表達了這一觀點。

Young Ju stressed that while news of whale accumulation may no longer send shockwaves through the crypto space as they did two to three years ago, the moves offered confirmation that the market was not yet in a bubble.

Young Ju強調，雖然鯨魚聚集的消息可能不再像兩三年前那樣在加密貨幣領域產生衝擊波，但這些舉措證實了市場尚未陷入泡沫。

He contended that a bubble is when prices are significantly higher than the capital flowing into a market. On the contrary, he noted that $7 billion poured into crypto markets weekly, citing on-chain data.

他認為，當價格明顯高於流入市場的資本時，就會出現泡沫。相反，他引述鏈上數據指出，每周有 70 億美元湧入加密貨幣市場。

The CryptoQuant Chief further asserted that Bitcoin appeared far from its cycle top, pointing to the asset’s “true” market value to realized value (MVRV) ratio.

CryptoQuant 負責人進一步斷言，比特幣似乎遠未達到其周期頂部，並指出該資產的「真實」市場價值與實現價值 (MVRV) 的比率。

The true MVRV chart shared by Young Ju measures the deviation between Bitcoin’s market value and the realized value, which is the average price at which coins were last moved, excluding coins thought to have been lost for more than seven years.

Young Ju 分享的真實 MVRV 圖衡量了比特幣市場價值與實現價值之間的偏差，即貨幣最後移動的平均價格，不包括被認為丟失超過七年的貨幣。

Like the standard MVRV, the metric is used to measure extremes in Bitcoin’s price, often called market tops and bottoms. The chart shared by Young Ju places the MVRV at 1.8, which is considered to be healthy and not overheated.

與標準 MVRV 一樣，該指標用於衡量比特幣價格的極端情況，通常稱為市場頂部和底部。 Young Ju 分享的圖表顯示 MVRV 為 1.8，被認為是健康且不過熱的。

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

免責聲明：此內容僅供參考，不應被視為財務建議。本文所表達的觀點可能包含作者的個人觀點，並不反映 The Crypto Basic 的觀點。我們鼓勵讀者在做出任何投資決定之前進行徹底的研究。 Crypto Basic 對任何財務損失不承擔任何責任。