大规模比特币提款表明机构利益，改变市场动态

自美国推出现货交易所交易基金 (ETF) 以来，价值近 100 亿美元的比特币 (BTC) 已从加密货币交易所撤出，这表明未来几个月需求激增，但供应可能出现紧张。 Glassnode 的数据显示，自 1 月 11 日以来，超过 136,000 BTC 从交易所大量流出，表明市场转向长期持有和看涨情绪。

Mass Bitcoin Withdrawal from Exchanges Signals Growing Institutional Interest and Market Dynamics

比特币从交易所大规模撤资表明机构兴趣和市场动态不断增长

New York, March 29, 2024 - Since the inception of spot exchange-traded funds (ETFs) in the United States, a substantial amount of Bitcoin (BTC) has been withdrawn from cryptocurrency exchanges, signaling a shift in investor sentiment and market dynamics.

纽约，2024 年 3 月 29 日 - 自美国现货交易所交易基金 (ETF) 诞生以来，大量比特币 (BTC) 已从加密货币交易所撤出，这标志着投资者情绪和市场动态的转变。

Data from on-chain analytics firm Glassnode reveals that exchanges have witnessed a decline of over 136,000 BTC since January 11, 2024. This exodus of BTC from exchanges suggests that investors are withdrawing their assets for long-term holding, indicating bullish sentiment and a potential squeeze in supply.

链上分析公司 Glassnode 的数据显示，自 2024 年 1 月 11 日以来，交易所已减少了超过 136,000 BTC。BTC 从交易所流出表明投资者正在撤回其资产以进行长期持有，这表明看涨情绪和潜在的潜在风险。挤压供应。

ETF Impact on BTC Supply

ETF 对 BTC 供应的影响

The emergence of spot Bitcoin ETFs in the United States has played a pivotal role in this mass withdrawal. Launched less than three months ago, these ETFs have facilitated institutional investments in the cryptocurrency, attracting approximately $9.5 billion worth of BTC from major trading platforms.

美国现货比特币ETF的出现在这次大规模撤资中发挥了关键作用。这些 ETF 推出不到三个月，促进了机构对加密货币的投资，从主要交易平台吸引了价值约 95 亿美元的 BTC。

Coinbase Exchange Balance Reaches Lowest Level Since April 2018

Coinbase 交易所余额达到 2018 年 4 月以来的最低水平

As of March 28, Coinbase, the largest U.S. crypto exchange, held a combined 2,320,458 BTC, the lowest balance since April 2018. This decline in exchange balances indicates a growing preference for off-exchange storage and a shift away from short-term trading strategies.

截至 3 月 28 日，美国最大的加密货币交易所 Coinbase 总共持有 2,320,458 BTC，这是自 2018 年 4 月以来的最低余额。交易所余额的下降表明人们越来越倾向于场外存储以及从短期交易策略的转变。

Continued Withdrawals and Strong Buying Pressure

持续提款和强劲的购买压力

The trend of BTC withdrawals shows no signs of abating. Glassnode data reveals that on March 27 alone, over 22,000 BTC ($1.54 billion) were withdrawn from exchanges, marking the third-largest daily tally in 2024.

BTC 提现的趋势没有减弱的迹象。 Glassnode 数据显示，仅 3 月 27 日，就有超过 22,000 BTC（15.4 亿美元）从交易所撤出，创下 2024 年第三大单日撤出量。

J.A. Maartunn, a contributor to on-chain analytics platform CryptoQuant, observed a significant inflow of stablecoin USD Coin (USDC) to Coinbase, totaling $1.4 billion. This move, according to Maartunn, represents the largest such inbound transfer in history and suggests strong buying pressure in the market.

J.A.链上分析平台 CryptoQuant 的贡献者 Maartunn 观察到稳定币美元硬币 (USDC) 大量流入 Coinbase，总计 14 亿美元。 Maartunn 表示，此举是历史上规模最大的此类入境转移，表明市场存在强劲的购买压力。

Bitcoin Halving Optimism

比特币减半的乐观情绪

The impending Bitcoin block subsidy halving event in mid-April has fueled optimism among investors. The halving will reduce the supply of newly-mined BTC by 50%, further exacerbating the supply squeeze.

4月中旬即将到来的比特币区块补贴减半事件激发了投资者的乐观情绪。减半将使新开采的BTC供应量减少50%，进一步加剧供应紧张。

Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, predicted that the "biggest Halving in Bitcoin's history" will create a potent combination of pent-up institutional demand via ETFs, supply squeeze from the Halving, and Bitcoin's status as the world's hardest asset.

量化比特币和数字资产基金 Capriole Investments 的创始人查尔斯·爱德华兹 (Charles Edwards) 预测，“比特币历史上最大规模的减半”将通过 ETF 被压抑的机构需求、减半带来的供应紧张以及比特币作为世界第一大货币的地位形成强有力的组合。最难的资产。

Conclusion

结论

The mass withdrawal of BTC from exchanges in the wake of spot ETF launches and the upcoming block subsidy halving event underscores growing institutional interest, a shift in investor sentiment towards long-term holding, and the potential for a fundamental shift in market dynamics. As the supply of available BTC decreases in the coming months, the stage is set for a potential surge in demand and price appreciation.

在现货 ETF 推出和即将到来的大额补贴减半事件之后，比特币从交易所大规模撤资，凸显了机构兴趣的增长、投资者情绪向长期持有的转变，以及市场动态发生根本性转变的可能性。随着未来几个月可用比特币供应量的减少，需求可能会激增，价格也会上涨。