Coinbase鲸鱼正在推动BTC价格动作

CryptoQuant首席执行官Ki Young Ju竞争，大型玩家在Coinbase“鲸鱼”上是影响比特币价格的人

Crypto market behemoth Bitcoin (BTC) has been showing some major price swings as of late, and with a spike in trading volume for the marquee coin, there’s sure to be some interest in what’s affecting the coin’s latest movements.

加密市场庞然大物比特币（BTC）最近显示出一些主要的价格波动，并且在商品硬币的交易量激增，对影响硬币最新动作的影响肯定会引起人们的兴趣。

According to CryptoQuant CEO Ki Young Ju, big players on Coinbase—“whales”—are the ones affecting Bitcoin’s price.

Coinbase上的大型球员“鲸鱼”是CryptoQuant Ceo Ki Young Ju的说法，这是影响比特币价格的人。

Coinbase whale(s) are driving BTC price action.

Coinbase Whale（S）正在推动BTC价格行动。

Spot volume dominance +30% in 7 days, CB premium negative. pic.twitter.com/6hszgLw9iY

斑点体积优势在7天内 +30％，CB溢价负数。 pic.twitter.com/6hszglw9iy

— Ki Young Ju (@Ki_Young_Ju) February 24, 2025

- 年轻的司法24，2025

Over the last week, trading of Bitcoin on Coinbase has surged by more than 30%. This comes as the crypto has been showing some major ups and downs, with the coin dipping by 3.58% in the last 24 hours to land around the $88,700 mark.

在上周，Coinbase上比特币的交易飙升了30％以上。这是因为加密货币表现出一些重大的起伏，在过去的24小时内，硬币下降了3.58％，降落在$ 88,700的左右。

Coinbase Premium Index: Another Price Indicator

Coinbase Premium指数：另一个价格指标

While the spike in trading volume is one indicator, the Coinbase Premium Index provides further insight into Bitcoin’s price changes.

尽管交易量的高峰是一个指标，但Coinbase Premium指数提供了对比特币价格变化的进一步见解。

This index measures Bitcoin’s price on Coinbase in relation to the spot market price. It has been exhibiting significant volatility in recent weeks.

该指数衡量比特币相对于现货市场价格的Coinbase的价格。最近几周，它表现出明显的波动性。

On February 24, Bitcoin’s price went from $95,000 to $88,900, and this rapid price decrease sparked reactions from prominent figures in the crypto sphere.

2月24日，比特币的价格从95,000美元上涨至88,900美元，这种快速降低的价格下降了加密球体中著名人物的反应。

Bitcoin’s Cost Basis: Different Groups, Different Prices

比特币的成本基础：不同的群体，不同的价格

Earlier this month, on February 19, Ju shared more insight into Bitcoin’s cost basis across various market cohorts.

本月早些时候，2月19日，JU对各个市场同伙的比特币成本基础有了更多的了解。

According to his analysis, ETFs and custody wallets acquired their Bitcoin at an average price of $89K. In contrast, Binance traders purchased Bitcoin at a significantly lower cost, with an average price of $59K.

根据他的分析，ETF和监护钱包以平均8.9万美元的价格收购了其比特币。相比之下，Binance交易员以较低的成本购买了比特币，平均价格为59K美元。

Examining the data even further, mining companies and long-term whales hold Bitcoin that they bought at even lower prices. For instance, old whales are holding BTC that they acquired at an average price of around $25K.

进一步检查数据，采矿公司和长期鲸鱼以更低的价格购买了比特币。例如，旧鲸鱼的平均价格约为25,000美元。

These differences in cost demonstrate that different types of Bitcoin holders entered the market at very distinct price points, highlighting the diverse nature of Bitcoin’s owners.

这些成本的差异表明，不同类型的比特币持有人以非常不同的价格进入市场，突出了比特币所有者的多样性。

As the crypto market continues to be a hot topic of discussion, it will be interesting to see what other insights Ju shares about the market trends and the factors influencing cryptocurrency prices.

随着加密货币市场仍然是讨论的热门话题，有趣的是，JU对市场趋势的其他见解以及影响加密货币价格的因素有何分享。