随着市场攀升，比特币（BTC）鲸鱼表现出约束

随着比特币的更正下降到本月初的$ 74,00，在最近的全球关税战争中

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狮子和球员的足球价格有些柔和。每个arcu lorem，超级儿童或ullamcorper的足球仇恨。

Following Bitcoin’s correction dropping to as low as $74,000 earlier this month amid the recent global tariff war, the asset has now begun to see steady recovery with its price hovering above $85,000 after a 10% surge in the past week as President Trump’s 90-day tariff pause went into effect.

在最近的全球关税战争中，比特币的更正下降到本月初的低至74,000美元之后，由于特朗普总统90天的90天关税暂停生效，该资产现在已经开始稳步恢复，其价格徘徊在85,000美元以上。

The announcement helped ease market concerns, contributing to renewed momentum in both equity and digital asset markets.

该公告有助于缓解市场的关注，这有助于股票和数字资产市场的新势头。

Related Reading: Bitcoin Holds Above 365-Day Moving Average, But Market Sentiment Remains Subdued

相关阅读：比特币的移动平均值以上超过365天，但市场情绪仍然柔和

Bitcoin Whales Show Restraint as Market Climbs

随着市场攀升，比特币鲸显示出克制

As Bitcoin finds its footing in upward momentum, a new analysis from CryptoQuant analyst Darkfost suggests that large holders on Binance—one of the most active crypto exchanges—are responding to macroeconomic uncertainty with a cautious, but notably non-reactive, approach.

正如比特币在向上势头中的基础上，加密分析师Darkfost的新分析表明，二手持有人（最活跃的加密交换之一）对宏观经济不确定性做出了谨慎，但明显的不反应，方法是对宏观经济不确定性的反应。

The insights were detailed in a post titled “How Are Binance Whales Reacting to Market Uncertainty?” which examined key on-chain metrics.

这些见解在题为“ Binance Whales如何对市场不确定性反应？”的帖子中详细介绍了见解。它检查了关键的链指标。

According to Darkfost, two primary indicators reveal the evolving behavior of Binance whales. The first, the Exchange Whale Ratio (EWR), compares the top 10 inflows to total inflows on Binance to gauge whale involvement.

根据DarkFost的说法，两个主要指标揭示了二鲸的不断发展的行为。首先，交换鲸比（EWR）将前10个流入与二值的总流入与规格鲸的参与度进行了比较。

A rising 365-day moving average (DMA) for the EWR reflects a growing concentration of inflows from large holders over time, indicating their stronger influence during long-term trends.

EWR的365天移动平均线（DMA）反映了大型持有人的流入越来越浓度，表明它们在长期趋势中的影响力更强。

However, a recent decline in the 30DMA suggests reduced short-term activity. This indicates that whales may be taking a step back from active trading, neither selling aggressively nor showing signs of panic.

但是，最近30DMA的下降表明短期活性减少。这表明鲸鱼可能会从积极的交易中退后一步，既不积极出售也不表现出恐慌迹象。

The second metric, Whale to Exchange Flow, analyzes the value of whale inflows to Binance over a 30-day period. Here too, the trend is down—falling over $3 billion, mirroring similar drawdowns observed during past corrections in 2024.

第二个指标交换流量的鲸鱼分析了鲸鱼流入在30天内的二元价值。在这里，趋势也下降了 - 超过30亿美元，反映了2024年过去更正期间观察到的类似缩水。

Combined, these signals suggest that Binance whales are opting to hold their positions rather than sell into current market conditions, potentially signaling confidence in longer-term prospects despite ongoing uncertainty.

这些信号结合在一起，表明，二鲸选择持有其头寸，而不是出售到当前的市场状况，尽管不确定性持续不确定性，但仍可能对长期前景的信心发出信心。

Buying Strength Persists Despite Uncertain Outlook

尽管看法不确定，但购买实力仍然存在

In a related CryptoQuant post, analyst Mignolet highlighted a continued pattern of buying strength on Binance. According to the analyst, the market buy ratio—an indicator tracking the volume of market buy orders—has not only remained intact but has recently surpassed previous highs.

在一个相关的隐式帖子中，分析师Mignolet强调了持续购买强度的二元力量的模式。根据分析师的说法，市场购买比率（跟踪市场购买订单的数量）不仅保持完整，而且最近超过了先前的高点。

This trend highlights persistent demand despite recent market corrections and volatility. The recurring nature of this pattern suggests that there is underlying buyer strength even as external macroeconomic forces, such as trade policies and regulatory shifts, continue to influence sentiment.

尽管最近的市场更正和波动性，这种趋势仍凸显了持续的需求。这种模式的反复性质表明，即使外部宏观经济部队（例如贸易政策和监管转变）继续影响情绪，即使外部宏观经济部队也存在基本的买方实力。

Related Reading: Bitcoin Price Rises Steadily—But Can the Rally Hold This Time?

相关阅读：比特币价格稳定上涨，但这次集会可以举行吗？

Historically, a sustained increase in the buy ratio has preceded medium-term rallies, although confirmation of a new trend will require follow-through in both price action and volume metrics.

从历史上看，尽管确认新趋势将需要在价格行动和数量指标上进行跟进，但在中期集会之前，买入比率持续增加。