加密货币灰度抛售导致市场崩溃，损失 2000 亿美元

加密货币市场经历了大幅下跌，在过去 24 小时内市值损失了约 2000 亿美元。这次经济低迷恰逢主要行业参与者的大量资产转移，包括灰度向 Coinbase 发送价值 2.45 亿美元的比特币以及其他各种大型鲸鱼运动。这些行动导致了市场调整，导致超过 3.16 亿美元的清算，主要是由于交易者试图在下跌期间利用比特币多头头寸造成的。

Crypto Markets Capitulate as Grayscale Floods Coinbase With Bitcoin, Sparking $200 Billion Market Cap Plunge

加密货币市场投降，灰度比特币涌入 Coinbase，引发 2000 亿美元市值暴跌

The cryptocurrency markets have plunged by nearly $200 billion in the past 24 hours, with industry giants like Grayscale unloading massive amounts of coins onto the market.

过去 24 小时内，加密货币市场暴跌近 2000 亿美元，Grayscale 等行业巨头将大量代币抛售市场。

Grayscale's Exodus: Billions in Bitcoin, Altcoins Dumped

灰度的出走：数十亿比特币、山寨币被抛售

According to Arkham, a blockchain data analysis platform, Grayscale has sent a staggering $245 million worth of Bitcoin (BTC) to Coinbase. The digital asset manager has been transferring BTC in batches of $42.84 million, primarily to Coinbase Prime and addresses linked to Coinbase.

据区块链数据分析平台 Arkham 称，Grayscale 已向 Coinbase 发送了价值 2.45 亿美元的比特币 (BTC)。该数字资产管理公司已分批转移 4284 万美元的 BTC，主要转移至 Coinbase Prime 和与 Coinbase 链接的地址。

"Grayscale has dumped its Bitcoin," fintech expert Ari Paul tweeted, referring to the latest transfer of 22,224 BTC (approximately $1.34 billion).

金融科技专家 Ari Paul 在推特上表示：“Grayscale 已经抛售了比特币。”他指的是最新的 22,224 BTC（约合 13.4 亿美元）转移。

In addition to Bitcoin, Arkham data reveals that Grayscale has also deposited significant amounts of other cryptocurrencies, including Ethereum (ETH), Avalanche (AVAX), Polygon (MATIC), Lido (LDO), Uniswap (UNI), Aave, Chainlink (LINK), and others.

除了比特币之外，Arkham 数据显示，灰度还存入了大量其他加密货币，包括以太坊 (ETH)、Avalanche (AVAX)、Polygon (MATIC)、Lido (LDO)、Uniswap (UNI)、Aave、Chainlink (LINK) ）， 和别的。

SEC Approval of Bitcoin ETFs Triggers Grayscale Outflows

美国证券交易委员会批准比特币 ETF 引发灰度资金外流

Grayscale's aggressive selling has been attributed to the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Investors have opted to switch to these ETFs, which offer lower fees than Grayscale's Bitcoin Trust (GBTC).

Grayscale's aggressive selling has been attributed to the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Investors have opted to switch to these ETFs, which offer lower fees than Grayscale's Bitcoin Trust (GBTC).

"Grayscale has been the biggest loser from the SEC approving a Bitcoin spot ETF," crypto analyst Alex Saunders tweeted. "Billions in outflows from GBTC as people sell their Grayscale shares and buy the ETFs."

加密货币分析师 Alex Saunders 发推文称：“灰度是 SEC 批准比特币现货 ETF 的最大输家。” “随着人们出售灰度股票并购买 ETF，数十亿美元的资金从 GBTC 流出。”

Whale Transfers Intensify Sell-Off

鲸鱼转让加剧抛售

Compounding the market sell-off are several large wallet transfers to Coinbase, as tracked by Whale Alert. These transfers include:

据 Whale Alert 追踪，数笔大额钱包转移至 Coinbase 加剧了市场抛售。这些转移包括：

• 75,887,800 USDC (approximately $75.94 million)
• 25,019 ETH (approximately $80.85 million)
• 24,673 ETH (approximately $78.20 million)
• 7,943 ETH (approximately $25.09 million)

Long Bitcoin Traders Liquidated

75,887,800 USDC（约7594万美元）25,019 ETH（约8085万美元）24,673 ETH（约7820万美元）7,943 ETH（约2509万美元）多头比特币交易者平仓

The massive selling pressure from Grayscale and other whales has sparked a wave of liquidations among traders who had leveraged long positions on Bitcoin. According to Coinglass, over $316.29 million in liquidations have occurred in the last 24 hours, mostly from traders who went long on BTC during the dip.

来自灰度和其他鲸鱼的巨大抛售压力引发了利用比特币多头头寸的交易者的清算浪潮。根据 Coinglass 的数据，过去 24 小时内发生了超过 3.1629 亿美元的清算，其中大部分来自在下跌期间做多 BTC 的交易者。

Bitcoin Plunges 18.2%, Altcoins Follow

比特币暴跌 18.2%，山寨币紧随其后

As of writing, Bitcoin is trading at $60,069, down a sharp 18.2% from its all-time high. Other cryptocurrencies have followed suit, with Ethereum losing over 16% and altcoins shedding significant value.

截至撰写本文时，比特币交易价格为 60,069 美元，较历史高点大幅下跌 18.2%。其他加密货币也纷纷效仿，以太坊下跌超过 16%，山寨币价值大幅缩水。

Panic Selling or Strategic Maneuver?

恐慌性抛售还是战略演习？

The reasons behind Grayscale's massive sell-off and the subsequent market plunge remain unclear. Some analysts believe it is a sign of panic selling, while others suggest it could be a strategic move to reposition assets.

灰度大规模抛售以及随后市场暴跌背后的原因尚不清楚。一些分析师认为这是恐慌性抛售的迹象，而另一些分析师则认为这可能是重新配置资产的战略举措。

"Grayscale is a massive player in the crypto market," said crypto analyst Michaël van de Poppe. "Their actions can influence the market sentiment and cause significant price movements."

加密货币分析师 Michaël van de Poppe 表示：“灰度是加密货币市场的重要参与者。” “他们的行为可以影响市场情绪并导致价格大幅波动。”

The full extent of the market correction remains uncertain, but the sudden sell-off from Grayscale and other whales has sent shockwaves through the cryptocurrency ecosystem.

市场调整的全面程度仍不确定，但灰度和其他鲸鱼的突然抛售已经给加密货币生态系统带来了冲击波。