Bybit报告强调2024年减半后即将到来的比特币供应危机

Bybit 最近的报告预测，由于即将到来的减半，九个月内交易所的比特币供应量将大幅减少。该报告强调了比特币稀缺性增加和库存流量比翻倍的可能性，从而导致机构采用的加速和加密货币格局的潜在转变。

Bybit Report Illuminates Impending Bitcoin Supply Exhaustion and Intensifying Scarcity Post-Halving in April 2024

Bybit 报告揭示了 2024 年 4 月比特币供应即将耗尽以及减半后稀缺性加剧

April 16, 2024 4:10 pm UTC

世界标准时间 2024 年 4 月 16 日下午 4:10

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Bybit, a prominent cryptocurrency exchange renowned for its substantial trading volume, has recently released an in-depth report that sheds light on the impending supply constraints of Bitcoin.

Bybit 是一家以其庞大交易量而闻名的著名加密货币交易所，最近发布了一份深入报告，揭示了比特币即将面临的供应限制。

Anticipated Bitcoin Halving to Exacerbate Bitcoin Scarcity

预期比特币减半将加剧比特币稀缺

The report meticulously analyzes the market dynamics surrounding Bitcoin and concludes that the availability of Bitcoin on exchanges is projected to dwindle significantly within the next nine months due to the forthcoming Bitcoin halving event. This halving event, scheduled for April 2024, will effectively reduce the supply generation of Bitcoin by 50%.

该报告仔细分析了围绕比特币的市场动态，并得出结论，由于即将到来的比特币减半事件，预计未来九个月内比特币在交易所的可用性将大幅减少。此次减半事件定于 2024 年 4 月举行，将有效减少 50% 的比特币供应量。

Rapid Depletion of Bitcoin Reserves on Centralized Exchanges

中心化交易所的比特币储备迅速耗尽

The report highlights that all centralized exchanges are experiencing a precipitous decline in their Bitcoin reserves. "Bitcoin reserves in all centralized exchanges have been depleting faster," the report states. "With only 2 million bitcoins remaining, if we assume a daily inflow of $500 million to Bitcoin Spot ETFs, the equivalent of around 7,142 bitcoins will leave exchange reserves daily, suggesting that it will only take nine months to consume all of the remaining reserves."

该报告强调，所有中心化交易所的比特币储备都在急剧下降。报告指出：“所有中心化交易所的比特币储备都在加速耗尽。” “比特币只剩下 200 万枚，如果我们假设每天有 5 亿美元流入比特币现货 ETF，那么每天将有大约 7,142 枚比特币从外汇储备中流出，这意味着只需要 9 个月就可以消耗完所有剩余储备。 ”

Post-Halving Scarcity to Surge Dramatically

减半后稀缺性急剧上升

The scarcity of Bitcoin is anticipated to intensify post-halving. The report employs the Stock-to-Flow (S2F) ratio, which is calculated by dividing the circulating supply of a commodity by its annual production, as a gauge of scarcity.

预计比特币的稀缺性将在减半后加剧。该报告采用库存与流量（S2F）比率作为衡量稀缺性的指标，该比率是通过将商品的流通供应量除以其年产量来计算的。

"Bitcoin's S2F ratio is around 56 before the upcoming halving, while gold is 60," the report notes. "After the halving in April 2024, Bitcoin's S2F ratio is projected to double to 112."

报告指出：“在即将到来的减半之前，比特币的 S2F 比率约为 56，而黄金为 60。” “2024 年 4 月减半后，比特币的 S2F 比率预计将翻一番，达到 112。”

Institutional Investors Strategically Position for Halving

机构投资者为减半做好战略布局

Institutional investors, fully aware of these impending developments, have already initiated strategic positioning for the halving event. This proactive approach became particularly evident following the U.S. approval of Bitcoin Spot ETFs.

机构投资者充分意识到这些即将发生的事态发展，已经开始对减半事件进行战略定位。在美国批准比特币现货 ETF 后，这种积极主动的做法变得尤为明显。

"Bitcoin is becoming the safest investment choice even for the most sophisticated investors in the crypto field," the report asserts. "The price correlation between Bitcoin and the rest of cryptocurrency has been consistently high, and investment in Bitcoin has also been regarded as the cryptocurrency with the lowest beta."

"Bitcoin is becoming the safest investment choice even for the most sophisticated investors in the crypto field," the report asserts. "The price correlation between Bitcoin and the rest of cryptocurrency has been consistently high, and investment in Bitcoin has also been regarded as the cryptocurrency with the lowest beta."

Implications for Market Scarcity and Investment Strategy

对市场稀缺性和投资策略的影响

The evolving dynamic in Bitcoin's supply and its implications for market scarcity are of paramount importance to both investors and market observers alike. As Bitcoin becomes increasingly scarce, its allure as a 'digital gold' is poised to amplify, potentially impacting its valuation and investment strategy across the cryptocurrency landscape.

比特币供应的动态变化及其对市场稀缺性的影响对于投资者和市场观察人士来说都至关重要。随着比特币变得越来越稀缺，其作为“数字黄金”的吸引力即将增强，可能会影响其在整个加密货币领域的估值和投资策略。

The findings of Bybit's report serve as a crucial indicator for both current and prospective investors, suggesting that strategic adjustments may be prudent to accommodate the impending supply dynamics.

Bybit报告的调查结果对于当前和潜在投资者来说都是一个重要指标，表明战略调整可能是谨慎的，以适应即将到来的供应动态。

"Each Bitcoin halving sharpens the narrative of Bitcoin as not just a currency, but a scarce digital asset, akin to digital gold," affirmed Ben Joe, Co-Founder and CEO of Bybit. "This upcoming halving in 2024 will thrust Bitcoin into an era of unprecedented scarcity, making it twice as rare as gold."

Bybit 联合创始人兼首席执行官 Ben Joe 表示：“比特币每次减半都强化了比特币不仅是一种货币，而且是一种稀缺数字资产，类似于数字黄金的形象。” “即将到来的 2024 年减半将把比特币推入一个前所未有的稀缺时代，使其稀有程度是黄金的两倍。”