美国交易所撤离表明比特币看涨

自 1 月份以来，在美国推出现货 ETF 的推动下，比特币交易所出现了 136,000 BTC 的大幅流出。这种退出趋势造成了供应紧张，分析师预测未来六到十二个月内需求可能会激增。

Bitcoin Exodus from Exchanges Signals Significant Squeeze Anticipated

比特币从交易所撤离预示着预计将出现严重挤压

Amidst a flurry of exchange outflows totaling over 136,000 BTC since January 11th, market analysts are forecasting a substantial supply squeeze that could propel Bitcoin's price to new heights in the coming months.

自 1 月 11 日以来，在总计超过 136,000 BTC 的一连串交易所外流中，市场分析师预测，供应将大幅紧张，这可能会在未来几个月将比特币的价格推向新的高度。

Unprecedented Outflows from Exchanges

交易所资金流出史无前例

The exodus of Bitcoin from leading exchanges has reached unprecedented levels, with approximately $10 billion worth of the cryptocurrency vanishing from platforms in the wake of the launch of spot exchange-traded funds (ETFs) in the United States. Glassnode, an on-chain monitoring firm, has meticulously tracked these outflows, revealing a total of 136,000 BTC departing exchanges since the beginning of the year.

比特币从主要交易所的外流达到了前所未有的水平，在美国推出现货交易所交易基金 (ETF) 后，价值约 100 亿美元的加密货币从平台上消失。链上监控公司 Glassnode 仔细跟踪了这些资金外流情况，显示自今年年初以来共有 136,000 个 BTC 离开交易所。

Bullish Supply Dynamics

看涨的供应动态

The relentless withdrawal of Bitcoin from exchanges has dramatically shifted the supply dynamics in favor of the bulls. With nearly two-thirds of the year elapsed, prominent trading platforms have witnessed the depletion of an estimated $10 billion of Bitcoin through U.S. spot ETFs. This massive outflow has significantly reduced the available supply of the cryptocurrency.

比特币不断从交易所撤出，极大地改变了供应动态，有利于多头。今年已过去近三分之二，知名交易平台见证了美国现货 ETF 消耗了约 100 亿美元的比特币。这种大规模的资金外流大大减少了加密货币的可用供应。

Exchange Balances Hit 4-Year Low

外汇余额创四年新低

The cumulative balance of exchanges monitored by Coinbase has plummeted to a staggering 2,320,458 BTC as of March 28th, marking the lowest level recorded since April 2018. Moreover, the trend shows no signs of abating. Glassnode reported that the third-largest withdrawal day in 2024 occurred on March 27th, with over 22,000 BTC ($1.54 billion) moving out of exchanges.

截至 3 月 28 日，Coinbase 监测的交易所累计余额已暴跌至惊人的 2,320,458 BTC，创下 2018 年 4 月以来的最低水平。而且，这一趋势没有减弱的迹象。 Glassnode 报告称，2024 年第三大提款日发生在 3 月 27 日，超过 22,000 BTC（15.4 亿美元）从交易所撤出。

Demand Outpacing Supply

需求超过供应

Market flow analyst J.A. Maartunn of on-chain analytics platform CryptoQuant has identified a significant influx of the stablecoin USD Coin (USDC) to Coinbase, suggesting a surge in demand for Bitcoin. This surge has intensified speculation that the long-term impact of ETFs on Bitcoin's supply and price could be substantial.

市场流动分析师 J.A.链上分析平台 CryptoQuant 的 Maartunn 发现稳定币美元硬币 (USDC) 大量涌入 Coinbase，这表明对比特币的需求激增。这种激增加剧了人们的猜测，即 ETF 对比特币供应和价格的长期影响可能是巨大的。

Supply Squeeze Prediction

供应紧张预测

Prominent analysts have asserted that the next six to twelve months could witness a significant "squeeze" in supply as demand for Bitcoin outstrips the available supply. This squeeze is expected to intensify after the upcoming halving event in mid-April, which will further reduce the issuance of new Bitcoins by miners.

著名分析师断言，由于比特币的需求超过可用供应，未来六到十二个月的供应可能会出现严重“挤压”。在四月中旬即将到来的减半事件之后，这种挤压预计将加剧，这将进一步减少矿工新发行的比特币。

Impact on Price

对价格的影响

The anticipated supply squeeze is widely expected to exert upward pressure on Bitcoin's price. As the available supply dwindles, competition for the remaining coins will intensify, potentially driving the price to record highs.

人们普遍预计，预期的供应紧张将对比特币的价格施加上行压力。随着可用供应量的减少，对剩余代币的竞争将会加剧，可能会推动价格创下历史新高。

Conclusion

结论

The unprecedented exodus of Bitcoin from exchanges, coupled with the growing demand and the impending halving event, has created a bullish scenario for the cryptocurrency. Analysts anticipate that this convergence of factors could trigger a significant supply squeeze in the coming months, potentially sending Bitcoin's price soaring to new heights.

比特币史无前例地从交易所流出，加上不断增长的需求和即将到来的减半事件，为加密货币创造了看涨的前景。分析师预计，这些因素的融合可能会在未来几个月引发供应严重紧张，从而可能导致比特币价格飙升至新高。