比特币（BTC）长期持有人没有出售；这是看好的吗？

比特币（BTC）的长期持有人，即至少在七年前购买了BTC的链上帐户，尚未将其持股发送给交易所。

Bitcoin (BTC) finally managed to stay strong above the $100,000 price mark for a day. This immense rally has sparked curiosity among traders on whether early BTC inflows to exchanges are linked to long-term holders cashing out their profits.

比特币（BTC）终于设法保持强劲高于一天的100,000美元价格。这种巨大的集会激发了交易者的好奇心，即早期BTC向交流是否与长期持有人兑现利润有关。

However, recent on-chain data analysis by a CryptoQuant community author suggests that this may not be the case. According to pseudonymous crypto researcher Crypto SunMoon, a featured CryptoQuant community author, long-term Bitcoin holders are not yet cashing out their holdings.

但是，加密社区作者最近的链链数据分析表明，情况并非如此。特有的加密货币加密研究员Sunmoon说，有特色的社区作家Crypto Sunmoon表示，长期比特币持有人尚未兑现其持股。

On-chain accounts that purchased BTC at least seven years ago are termed as long-term holders. Analysis of their behavior during the previous bull market reveals that they started selling their holdings right before the bullish phase ended.

至少在七年前购买了BTC的链上帐户被称为长期持有人。对上一个牛市的行为的分析表明，在看涨阶段结束之前，他们开始出售其持股。

“Holders who have held bitcoin for seven years or more sold some of their holdings before the end of the previous bull market.”

“持有比特币已有七年或更长时间的持有人在上一个公牛市场结束之前出售了一些持股。”

However, the latest data suggests that we are still far from that stage. The last major inflows to centralized exchanges driven by long-term holders were registered in late Q1, 2024. But, these inflows were not as significant as those that accompanied the previous BTC all-time high in November 2021.

但是，最新数据表明我们离该阶段还很远。由长期持有人驱动的集中交易所的最后一次主要流入在2024年末登记。但是，这些流入并不像2021年11月BTC历史最高高点的流入率显着。

“Long-term bitcoin holders are not sending their holdings to exchanges yet.”

“长期比特币持有人还没有将其持股量发送给交易所。”

Moreover, in some of the largest altcoins, a different story unfolds. Over 70% of both Ethereum (ETH) and Litecoin (LTC) owners have been holding their coins for at least 12 months.

此外，在一些最大的山寨币中，另一个故事发生了不同。以太坊（ETH）和Litecoin（LTC）的所有者都有超过70％的持有硬币至少12个月。

Meanwhile, various groups of long-term holders are displaying confidence in the crypto rally, as the selling pressure predominantly comes from "paper hands."

同时，各种长期持有人都对加密集会表现出信心，因为销售压力主要来自“纸手”。

USDT, USDC Metrics Favorable for Bitcoin Bulls

USDT，USDC指标有利于比特币公牛

Bitcoin (BTC) inflows to exchanges may be weak, but major stablecoins, such as USDT and USDC, are telling a different tale.

比特币（BTC）流向交流的流入可能很薄弱，但是USDT和USDC等主要的稳定者正在讲述另一个故事。

Over the last three months, the USDT supply on centralized exchanges has surged by 40%, reaching an all-time high of over $43 billion. This massive accumulation of USDT on centralized exchanges suggests a continuous inflow of fiat currency, indicating strong demand for cryptocurrencies.

在过去的三个月中，集中式交易所的USDT供应量增长了40％，历史最高超过430亿美元。 USDT在集中式交易所上的大量积累表明菲亚特货币的不断流入，表明对加密货币的需求强劲。

In the last three months, the total supply of stablecoins on centralized exchanges has also increased at an accelerated rate. According to CoinGecko data, the aggregated stablecoin supply has risen from $160 billion to $224 billion.

在过去的三个月中，集中式交易所上的稳定蛋白的总供应也以加速的速度增加。根据Coingecko Data的数据，总的Stablecoin供应已从1600亿美元增加到2240亿美元。

Despite USDT remaining the largest stablecoin, USDC has experienced the fastest growth in 2024. Together, the capitalization surges of both stablecoins are also being closely monitored as a sign of a prolonged bull market for Bitcoin (BTC) and major altcoins.

尽管USDT仍然是最大的Stablecoin，但USDC在2024年经历了最快的增长。总之，两种稳定的稳定的资本化也受到了密切监控，这是比特币（BTC）和主要Altcoins延长牛市市场的标志。