比特币转移量仅下降到112亿美元

链上的数据显示，自去年高度以来，比特币交易量急剧下跌。这是BTC所暗示的。

Bitcoin transaction volume has seen a sharp plunge since its high last year, according to on-chain data from Glassnode.

根据GlassNode的链链数据，比特币交易量自去年的高度开始急剧下降。

The “Total Transfer Volume” metric measures the total amount of cryptocurrency (in USD) involved in transactions on the network each day.

“总传输量”度量测量每天参与网络交易的加密货币总量（以美元为单位）。

A high value indicates significant investor activity and interest in the asset, while a low value suggests limited attention and participation.

高价值表明投资者的重要活动和对资产的兴趣，而低价值则表明关注和参与有限。

The chart below shows the trend in Bitcoin Total Transfer Volume over the last couple of years:

下图显示了过去几年比特币总转移量的趋势：

The chart displays the “Entity-Adjusted” version of the Bitcoin Total Transfer Volume. This adjustment ensures that the metric only tracks transfers between different investors (entities) and excludes transactions between individual addresses belonging to the same entity.

该图显示了比特币总传输量的“实体调整”版本。此调整可确保指标仅跟踪不同投资者（实体）之间的转移，并排除属于同一实体的单个地址之间的交易。

An ‘entity’ is a cluster of addresses that Glassnode has determined to belong to the same investor. Transactions between the wallets of the same owner are not relevant for the wider market, so adjusting for entities helps in presenting more accurate results.

“实体”是GlassNode决定属于同一投资者的一个地址。同一所有者钱包之间的交易与更广泛的市场无关，因此对实体进行调整有助于提出更准确的结果。

As evident from the chart, the Entity-Adjusted Total Transfer Volume witnessed a sharp surge towards the end of last year. This surge occurred as the cryptocurrency explored new all-time highs (ATHs) above the $100,000 mark.

从图表中可以明显看出，实体调整后的总转移量在去年年底之前见证了急剧的激增。这次激增发生了，因为加密货币探索了超过100,000美元的新历史高峰（ATHS）。

Such rallies are typically met with excitement and interest among investors, and the rally in the last couple of months of 2024 certainly garnered a lot of attention.

这种集会通常会引起投资者的兴奋和兴趣，而在2024年的最后几个月中，集会肯定引起了很多关注。

However, since hitting an ATH of $20.7 billion in December, the metric has seen an extended drawdown, indicating a decrease in activity on the network.

但是，自从12月达到207亿美元的ATH以来，该指标已延长了下降，表明网络活动的减少。

Currently, the network is processing only $11.2 billion in inter-entity volume, which marks a decrease of nearly 46% from the peak.

目前，该网络仅处理实体量的112亿美元，这比峰值下降了近46％。

As highlighted in the chart, there have been only 67 days in BTC’s lifetime where the network has seen a higher amount of transaction activity.

正如图表中强调的那样，在BTC的寿命中，网络只有67天的时间已经看到了更高的交易活动。

Hence, while the latest volume is significantly lower than the ATH, it is still quite high in a historical context.

因此，尽管最新卷大大低于ATH，但在历史背景下仍然很高。

Bitcoin is trading around $105,300 at the time of writing, up almost 3% in the last seven days.

在写作时，比特币的交易额约为105,300美元，在过去的七天中增长了近3％。