鲸鱼正在加载比特币，因为新投资者抛弃了他们的股份

在比特币在看跌条件下进行比特币的持续斗争之后，人们对熊市的猜测急剧增长

As speculations about a bear market have grown sharply within the community following Bitcoin (BTC)‘s persistent struggles with bearish conditions and the entire crypto market cap dropping by more than 20% in the last few months, major investors may be scooping up more BTC.

随着在比特币（BTC）在看跌条件下的持续斗争之后，人们对熊市的猜测急剧增长，并且在过去几个月中，整个加密货币市场上限下降了20％以上，主要投资者可能会挖出更多BTC。

Whales Investors Load Up On Bitcoin In Big Chunks

鲸鱼投资者在大块的比特币上加载

鲸鱼投资者在大块的比特币上加载

In recent weeks, Bitcoin has faced solid downward movements, with the potential of dropping even further. Retail investors demonstrated fear and uncertainty during the broader market’s waning performance, causing them to unload their holdings.

最近几周，比特币面临着坚实的下降运动，有可能进一步下降。散户投资者在更广泛的市场逐渐衰落的表现中表现出恐惧和不确定性，使他们卸载了持股。

However, BTC’s large investors, commonly known as whales, have upheld a bullish sentiment, accumulating the flagship asset at a rapid rate in these uncertain times. A market expert and investor with the nickname Caueconomy reported the positive trend in a recent quick take research on the leading on-chain data and analytics platform, CryptoQuant.

但是，BTC的大型投资者（通常称为鲸鱼）维持了看涨的情绪，在这些不确定的时期以迅速的速度积累了旗舰资产。昵称Cauececomanty的市场专家和投资者报告了最近对领先的链上数据和分析平台CryptoFunt的快速研究的积极趋势。

Specifically, these whales have been purchasing Bitcoin in the past 1 month, suggesting strong confidence in its long-term potential. During the period, the large investors accumulated more than 65,000 BTC despite the continued correction in price.

具体而言，这些鲸鱼在过去一个月中一直在购买比特币，这表明对其长期潜力有很大的信心。在此期间，尽管价格持续纠正，大型投资者仍积累了超过65,000 BTC。

This positive trend indicates high buying pressure among these investors, creating a bullish atmosphere for the flagship asset. Though the development does not imply immediate effects on price in the short term, it shows absorption by major players, excluding miners and crypto exchanges.

这种积极的趋势表明这些投资者的购买压力很大，为旗舰资产创造了看涨的氛围。尽管该发展并不意味着短期内对价格产生直接影响，但它显示了主要参与者的吸收，不包括矿工和加密交易所。

If it persists for a few more weeks, the expert noted the pattern will signal constant purchasing power, much like what was seen from November to December last year. In comparison to brief periods of accumulation followed by distributions, this ongoing movement among big investors is more crucial.

如果它持续了几个星期，专家指出，该模式将表示恒定的购买力，就像去年11月至12月所看到的一样。与短期积累之后进行分配相比，大型投资者之间的这种持续运动更为重要。

In the meantime, the continued accumulation by whales might serve as a bullish precursor, setting the stage for the next major Bitcoin move. Given the current price fluctuations, it seems whales are taking advantage of BTC’s drop as the digital asset struggles around the $80,000 level.

同时，鲸鱼的持续积累可能是看涨的先驱，为下一个主要的比特币举动奠定了基础。鉴于当前的价格波动，随着数字资产挣扎在80,000美元的水平上，鲸鱼似乎正在利用BTC的下降。

New BTC Investors Are Dumping Their Holdings

新的BTC投资者正在倾销其股份

新的BTC投资者正在倾销其股份

While big investors are demonstrating an encouraging trend, a bearish trend has been spotted among recent BTC buyers. Leading on-chain and financial platform Glassnode reported that Bitcoin’s persistent sell pressure mainly centered around these cohorts.

尽管大型投资者表现出令人鼓舞的趋势，但最近的BTC买家发现了看跌趋势。领先的链上和金融平台玻璃节报告报告说，比特币的持续销售压力主要集中在这些同类群体周围。

This wave of selling is putting downward pressure on Bitcoin’s price, preventing a sustained breakout in the short term. Furthermore, heightened volatility, weak demand, and liquidity constraints have made it impossible to resume significant accumulation, which has increased the possibility of a decline.

销售浪潮正对比特币的价格下降压力，从而阻止了短期内的持续突破。此外，波动性的提高，需求疲软和流动性限制使得无法恢复大量积累，这增加了下降的可能性。

Thus far, Bitcoin’s Short-Term Holder SOPR metric reveals that panic-driven selling has intensified. The metric has plummeted well below the break-even level of 1, indicating recent buyers’ fear and understanding of their loss.

到目前为止，比特币的短期持有人SOPR指标表明，恐慌驱动的销售已经加剧。该指标势远低于收支平衡1的水平，表明最近买家对他们的损失的恐惧和理解。