经过八年的不活动，长期休眠的比特币钱包突然醒来。

根据区块链分析公司Arkham Intelligence的说法，鲸鱼已移至价值超过2.5亿美元的比特币。

A Bitcoin whale, who had been holding a fortune in BTC since 2016, has just woken up a long-dormant wallet.

自2016年以来一直在BTC持有财富的比特币鲸，刚刚醒来了一个长期的钱包。

According to blockchain analytics firm Arkham Intelligence, the whale has moved over $250 million worth of Bitcoin.

根据区块链分析公司Arkham Intelligence的说法，鲸鱼已移至价值超过2.5亿美元的比特币。

The transactions were executed within the last 16 hours and they show that the value of the coin has appreciated from approximately $3 million in early 2017 to over $250 million today.

交易是在过去16小时内执行的，它们表明，硬币的价值从2017年初的大约300万美元增至今天的2.5亿美元。

Before yesterday’s transfers, the wallet had maintained its Bitcoin (BTC) in a single address for more than eight years.

在昨天的转学之前，钱包在单个地址中维持其比特币（BTC）已有八年多的历史了。

$250M BITCOIN WHALE WAKES UP AFTER 8 YEARSA Bitcoin Whale that has held BTC since late 2016 has just moved over $250M in BTC last night.His Bitcoin stack went from $3M in early 2017 to over $250M today – and he’s held Bitcoin on one address for over 8 years. pic.twitter.com/RF1aewYVgy

自2016年底以来一直在BTC举行的8年比特币鲸鱼之后，耗资2.5亿美元的比特币鲸鱼昨晚在BTC上涨了超过2.5亿美元。他的比特币堆栈从2017年初的300万美元上升到了今天的2.5亿美元，而他在8年的地址上持有比特币。 pic.twitter.com/rf1aewyvgy

The transactions, visible on Arkham’s monitoring dashboard, show the funds moving between several wallets labeled as “250M BTC Whale” addresses.

在Arkham的监视仪表板上可见的交易显示了在标有“ 250m BTC鲸鱼”地址的几个钱包之间移动的资金。

Specifically, the transactions took place in two batches about 14-16 hours ago, with each transfer involving approximately 3,000 BTC worth roughly $252 million per transfer.

具体而言，交易大约在14-16小时前进行了两批交易，每次转移涉及大约3,000 btc，每次转会价值约2.52亿美元。

As the transactions took place over a 12-hour period, the value varied slightly with each transfer.

当交易发生在12小时内，该值随着每个传输而略有变化。

Whale purchased Bitcoin when it was around $1,000

鲸鱼在1,000美元左右购买比特币

According to the transaction history, the Bitcoin was originally purchased around 2016, when BTC traded at approximately $1,000 or lower.

根据交易历史记录，该比特币最初是在2016年左右购买的，当时BTC的交易约为1,000美元或更低。

The value of the cryptocurrency at the time is no longer easily accessible through standard blockchain explorers, but the transaction activity shows that the funds were purchased in several batches throughout 2015 and 2016.

当时的加密货币的价值不再可以通过标准区块链探索者轻松访问，但是交易活动表明，这些资金是在整个2015年和2016年以多批次购买的。

The earliest transactions, which took place in early 2015, show small amounts of BTC being sent to the main address from a different wallet. These smaller transactions appear to be part of an accumulation strategy.

最早的交易发生于2015年初，显示出少量的BTC从其他钱包发送到主要地址。这些较小的交易似乎是积累策略的一部分。

The transactions were completed in the form of several deposits over a period of about 18 months, ultimately forming the main bulk of the 3,000 BTC holding.

交易在约18个月的时间内以多个存款的形式完成，最终形成了3,000 BTC持有的主要大部分。

Before these recent movements, the last transactions from these wallets occurred around 8 years ago, as shown by the timestamps in Arkham’s data—the early transactions from 2016 show the accumulation of Bitcoin when the cryptocurrency was less valuable.

在这些最近的移动之前，这些钱包的最后一次交易发生在8年前，如Arkham数据中的时间戳所示，2016年的早期交易表明，当加密货币价值较低时，比特币的积累。

The awakening of dormant wallets from Bitcoin’s earlier years has become increasingly rare. These events offer a glimpse into the major wealth creation experienced by early adopters who maintained their holdings through multiple market cycles.

比特币早期的休眠钱包觉醒变得越来越罕见。这些事件可以瞥见早期采用者经历的主要财富创造，他们通过多个市场周期维持其持股。

While some long-term holders maintain their Bitcoin positions, industry experts are debating whether Bitcoin’s traditional four-year market cycle will be sustained into the future. Tomas Greif, Chief of Product & Strategy at Braiins, recently questioned the sustainability of these cycles:Is the 4-year bitcoin cycle dead?Early on, halvings had a major supply impact. But as the majority of BTC has been mined, their effect is shrinking. In a couple of halvings, they will have a negligible effect on supply.I once tried to trade the cycle theory and got rekt.… pic.

尽管一些长期持有人保持了比特币的位置，但行业专家仍在辩论比特币传统的四年市场周期是否会持续到未来。 Braiins产品与战略总监Tomas Greif最近质疑这些周期的可持续性：4年的比特币周期是否死了？但是，随着大多数BTC的开采，它们的影响正在缩小。在几点中间，他们会对供应产生可忽略的影响。我曾经试图交易循环理论并获得了Rekt。