随着期货未平仓合约飙升至 7.7 亿美元的历史新高，Chainlink (LINK) 价格触及两年高点

Chainlink 价格达到两年来的最高水平。期货未平仓合约紧随其后，达到 7.7027 亿美元的历史新高。

Chainlink price hit a high note as the crypto achieved a record-breaking $770M in open interest, signaling a surge in market activity and investor confidence.

随着该加密货币的未平仓合约达到创纪录的 7.7 亿美元，Chainlink 价格飙升，表明市场活动和投资者信心激增。

With $35.57M in realized profits and short-term active address momentum rising, LINK’s futures market is gaining strong traction.

随着 3557 万美元的已实现利润和短期活跃地址势头的上升，LINK 的期货市场正在获得强劲的吸引力。

Chainlink Open Interest Surges To Record High As LINK Price Hits 2-Year Peak

随着 LINK 价格触及两年高点，Chainlink 持仓量飙升至历史新高

Chainlink price hit its highest level in 2 years as futures Open Interest followed suit, reaching a new all-time high of $770.27 Million.

随着期货未平仓合约的跟进，Chainlink 价格触及两年来的最高水平，达到 7.7027 亿美元的历史新高。

As per Glassnode data, we can see that the amount has increased. This is due to a surge of market participation and interest in LINK futures contracts.

根据 Glassnode 数据，我们可以看到数量有所增加。这是由于市场参与度和对 LINK 期货合约的兴趣激增。

It is worth noting that LINK’s OI has finally surpassed other tokens like TON ($259 Million) and TRX ($356 Million), proving once again how Chainlink is becoming larger in the derivatives market.

值得注意的是，LINK 的 OI 终于超越了 TON（2.59 亿美元）和 TRX（3.56 亿美元）等其他代币，再次证明了 Chainlink 如何在衍生品市场中做大。

Chainlink price peaks were supported by the project’s continued development as a decentralized oracle and has boosted confidence in market performance.

Chainlink 价格峰值得到了该项目作为去中心化预言机的持续发展的支持，并增强了市场表现的信心。

The surge in open interest also represents a broader confidence in the market that LINK will see further development as an oracle, alongside other products currently in development.

未平仓合约的激增也代表了市场对 LINK 将与目前正在开发的其他产品一起作为预言机进一步发展的信心。

The second half of 2023 and 2024 saw open interest in LINK wildly expand, indicating tremendous speculation and market demand for the project.

2023年下半年和2024年，LINK的未平仓合约大幅增加，表明该项目存在巨大的投机和市场需求。

Traders were increasingly hedging their positions as the amount of LINK being traded is up, as is the volume of futures contracts.

随着 LINK 交易量和期货合约交易量的增加，交易者越来越多地对冲头寸。

Chainlink Sees $35.57M In Realized Profits, Marking Major Profit-Taking Event

Chainlink 实现利润 3557 万美元，标志着重大获利回吐事件

One of the largest spot market profit-taking events for Chainlink happened on December 12th, 2024, with a realized profit worth $35.57 million.

Chainlink 最大的现货市场获利了结事件之一发生在 2024 年 12 月 12 日，实现利润价值 3557 万美元。

This was the second-largest profit-taking event by LINK in the year after the first one took place in February.

这是继2月份发生第一次获利了结事件后，LINK今年第二大获利了结事件。

Realized profits rise during this period as traders capitalize on the increase in market activity and recent Chainlink price movements.

由于交易者利用市场活动的增加和最近的 Chainlink 价格变动，在此期间实现的利润有所增加。

Most of the realized profits are due to short-term traders, as 15.3% of profits are coming from those who hold for less than six months, and 22.5% of profits are from ultra-short-term traders.

实现的利润大部分来自短线交易者，其中15.3%的利润来自持有时间少于六个月的人，22.5%的利润来自超短线交易者。

This means that there are traders out there moving their positions around as price moves.

这意味着交易者会随着价格的变动而调整头寸。

By far, long-term holders, namely those that have held for over a year, are nearly inactive in this sense, with just the 1–2 year cohort being responsible for 11.6% of realized profits.

到目前为止，长期持有者，即持有一年以上的持有者，在这个意义上几乎不活跃，仅持有 1-2 年的持有者就贡献了已实现利润的 11.6%。

An interesting recent profit-taking event has been registering happenings in the market, showing short-term traders buying LINK and selling off higher, yet long-term investors remain bullish.

最近市场上发生的一个有趣的获利了结事件显示，短期交易者买入 LINK 并抛售走高，但长期投资者仍然看涨。

Chainlink price dynamics still largely revolve around speculative traders who follow short-term market fluctuation for profit.

Chainlink 的价格动态仍然主要围绕着追随短期市场波动以获取利润的投机交易者。

Although the volatility is there, the relative inactivity of long-term holders suggests more optimism about the future growth potential of LINK.

尽管存在波动，但长期持有者的相对不活跃表明人们对 LINK 未来的增长潜力更加乐观。

Chainlink Active Address Momentum Improves, But Remains Below 2021 Peak

Chainlink 活跃地址势头有所改善，但仍低于 2021 年峰值

An improvement in Chainlink’s active address momentum supports the uptick in its price, which was previously triggered by short-term trading activity.

Chainlink 活跃地址势头的改善支持了其价格的上涨，此前价格上涨是由短期交易活动引发的。

The short SMA of active addresses is now at 6,682, passing its long-term SMA at 5,878. The uptick corroborates the positive price movement of recent months and demonstrates that user activity is increasing.

活跃地址的短期 SMA 目前位于 6,682 点，超过了长期 SMA 的 5,878 点。这一上涨证实了近几个月的积极价格走势，并表明用户活动正在增加。

Nonetheless, this uptick does not bring active addresses anywhere near the levels seen in 2021, when the count topped out at 23,416.

尽管如此，这种上升并没有使活跃地址接近 2021 年的水平，当时的活跃地址数量达到了顶峰 23,416 个。

Although the recent growth in active address momentum is promising, it is certainly no secret that adoption and network usage have not come close to reaching their previous highs.

尽管最近活跃地址的增长势头令人鼓舞，但采用率和网络使用量尚未接近之前的高点无疑已不是什么秘密。

This all means that while everyone else pays attention to how much Chainlink surged in price, it’s mainly driven by speculative traders, and not much adoption is taking place.

这一切都意味着，虽然其他人都在关注 Chainlink 价格的上涨幅度，但它主要是由投机交易者推动的，并且没有太多采用。

While the growing number of active addresses is a positive sign for Chainlink’s ecosystem, it still sits far below historical highs.

虽然活跃地址数量的增长对于 Chainlink 生态系统来说是一个积极的信号，但它仍然远低于历史高位。

This shows that the difference exists because there is more interest in the current market based on speculative factors than sustainable organic growth.

这表明差异的存在是因为当前市场对投机因素的兴趣多于对可持续有机增长的兴趣。

Long-term Chainlink price stability will require sustained increases in active addresses as the network’s fundamental health stabilizes.

随着网络基本健康状况的稳定，Chainlink 价格的长期稳定将需要活跃地址的持续增加。