比特币（BTC）可能会出现一段时间的波动率，为170,000 BTC（以84,500美元的价格，价值超过140亿美元）已从持有三到六个月的钱包中移动

据《邮报》报道，该群体的链链行为历来是重大价格行动的早期信号。通常认为中期持有人是在三到12个月之间持有加密货币的交易者。

CryptoQuant has warned that bitcoin (BTC) is likely headed for a period of heightened volatility as 170,000 BTC — worth over $14 billion at its current price of $84,500 — have moved from wallets held for three to six months, a cohort often linked to market turning points.

CryptoQuant警告说，比特币（BTC）可能会出现一段时间的波动性，因为170,000 BTC（价值超过140亿美元，其目前的价格为84,500美元）已从持有三到六个月的钱包中移动，一个同伙经常链接到市场转折点。

This group's on-chain behavior has historically served as an early signal for major price action, according to the post.

据《邮报》报道，该组织的链链行为历来是重大价格行动的早期信号。

Mid-term holders are typically considered to be traders that hold a cryptocurrency for anywhere between three to 12 months. They tend to be more reactive to market conditions than long-term holders but less impulsive than short-term traders, rendering their movements especially interesting, especially during transitional periods.

通常认为中期持有人是在三到12个月之间持有加密货币的交易者。与长期持有人相比，他们对市场条件的反应性更高，但比短期交易者更不冲动，使他们的运动特别有趣，尤其是在过渡时期。

When large amounts of bitcoin shift out of this cohort, it can indicate growing uncertainty or strategic positioning ahead of an anticipated market event. In either case, analysts view this as a sign that a sharp move is coming, though the direction remains unclear.

当大量比特币从该队列中移出时，它可能表明在预期的市场事件之前的不确定性或战略定位。无论哪种情况，分析师都认为这是一个急剧移动的迹象，尽管方向尚不清楚。

A similar pattern emerged ahead of previous surges and corrections, including during 2021's bull run and 2022's capitulation.

在先前的潮流和矫正之前，出现了类似的模式，包括2021年的公牛跑和2022年的投降。

Bitcoin has been trading between $75,000 and $87,000 over the past months as tensions between the U.S. and other countries as a result of U.S. President Donald Trump's tariff policies have caused anxiety in markets.

由于美国总统唐纳德·特朗普（Donald Trump）的关税政策导致市场焦虑，比特币在过去几个月中的交易在过去几个月中一直在75,000至87,000美元之间。