富達的報告強調了一個令人著迷的趨勢：比比特幣更多地進入了“古代供應”，而不是被開採，這表明長期信念。這對未來意味著什麼？

Ancient Bitcoin's Grip: Supply Squeeze & Fidelity's Deep Dive

古代比特幣的握力：供應擠壓與富達的深度潛水

Alright, crypto enthusiasts, listen up! Something wild is happening in the Bitcoin world. More and more coins are going into hibernation, becoming part of what's called the 'ancient supply.' Fidelity Digital Assets just dropped a report, and it's got everyone talking. Basically, these coins haven't moved in over a decade, and now they're outpacing the rate at which new Bitcoins are being mined. Buckle up, because this could seriously shake things up.

好吧，加密愛好者，聽！比特幣界正在發生狂野的事情。越來越多的硬幣進入冬眠，成為所謂的“古代供應”的一部分。富達數字資產剛剛放棄了一份報告，這讓每個人都在談論。基本上，這些硬幣還沒有搬入十多年，現在它們超過了開採新比特幣的速度。扣緊，因為這可能會嚴重動搖。

What's This 'Ancient Supply' Buzz All About?

這種“古老的供應”的嗡嗡聲是什麼？

So, what exactly is 'ancient supply'? We're talking about Bitcoins that haven't budged for 10 years or more. According to Fidelity's report, as of June 8th, a whopping 17% of all Bitcoin falls into this category. That's like a third of all Bitcoins! And get this: since the 2024 halving, the number of coins entering this ancient state is consistently higher than the number of new coins being mined each day.

那麼，“古代供應”到底是什麼？我們正在談論的是10年或更長時間以來沒有生氣的比特幣。根據富達的報告，截至6月8日，所有比特幣中有17％屬於這一類別。這就像所有比特幣的三分之一！並明白：自2024年減半以來，進入這種古老狀態的硬幣數量始終高於每天開采的新硬幣數量。

Think about it: scarcity is Bitcoin's superpower. If more coins are being locked away for the long haul, that means there are fewer available for trading, potentially driving up the price. It's like finding a vintage record – the fewer copies there are, the more valuable it becomes.

考慮一下：稀缺是比特幣的超級大國。如果長期以來將更多的硬幣鎖定，那意味著可以更少的交易可用，可能會提高價格。這就像找到復古記錄一樣 - 副本越少，它就越有價值。

Fidelity's HODL Rate: A New Metric to Watch

富達的hodl率：一個新的指標

To keep tabs on this trend, Fidelity's cooked up a clever metric called the 'ancient supply HODL rate.' It basically measures how many coins are hitting that 10-year mark each day, factoring in new Bitcoin issuance. This rate went positive back in April 2024 and hasn't looked back, confirming this long-term supply shift.

為了保持這一趨勢，富達烹飪了一個名為“古代供應hodl速率”的聰明指標。它基本上衡量了每天有多少硬幣敲打這10年的硬幣，並考慮了新的比特幣發行。這一速度在2024年4月呈正增長，還沒有回頭，證實了這種長期供應轉變。

Long-Term Holders Are Digging In

長期持有人正在挖掘

Despite the rising value of Bitcoin, these long-term holders aren't cashing out. They're HODLing on for dear life! Fidelity projects that ancient supply could reach 20% of total Bitcoin by 2028 and potentially even 25% by 2034. And if you throw in public companies holding Bitcoin, we could be looking at 30% by 2035. That's a whole lotta Bitcoin going into deep storage.

儘管比特幣的價值上升，但這些長期持有人仍未兌現。他們為親愛的生活而努力！ Fidelity項目，到2028年，古代供應可能會達到總比特幣的20％，到2034年甚至可能達到25％。如果您投入持有比特幣的上市公司，到2035年，我們可能會看到30％。這是整個Lotta Bitcoin進入深層存儲空間。

Institutional Players Enter the Game

機構玩家進入遊戲

Speaking of public companies, as of June 8th, there are 27 of them holding over 800,000 BTC combined! This growing institutional presence is a major factor. These companies aren't just dabbling; they're making serious long-term investments, further tightening the supply and giving long-term holders even more influence.

說到上市公司，截至6月8日，其中有27個持有80萬BTC的總和！這種日益增長的機構存在是一個主要因素。這些公司不僅涉足；他們正在進行認真的長期投資，進一步收緊供應，並為長期持有人提供更大的影響力。

A Word of Caution: The Post-Election Wobble

注意事項：選舉後搖擺

Now, it's not all sunshine and rainbows. Fidelity's report also notes that following the 2024 U.S. election, ancient supply actually declined on 10% of days – nearly four times higher than the historical average. This suggests some long-term holders might have been spooked by the election results and decided to cash out. But hey, even the most dedicated HODLers need to pay the bills sometimes.

現在，這並不是全部陽光和彩虹。富達的報告還指出，在2024年美國大選之後，古代供應實際上在10％的天數下降，幾乎是歷史平均水平的四倍。這表明某些長期持有人可能會因選舉結果而震驚，並決定兌現。但是，嘿，即使是最敬業的霍德爾人，有時也需要支付賬單。

My Two Satoshis

我的兩個satoshis

Look, it's easy to get caught up in the hype, but I think this 'ancient supply' trend is worth paying attention to. It suggests that more and more people are seeing Bitcoin as a long-term store of value, not just a speculative asset. This could lead to increased stability and maturity in the Bitcoin market. Of course, nobody has a crystal ball, and the crypto world is known for its surprises. But if Fidelity's projections hold true, we could be looking at a future where a significant chunk of Bitcoin is locked away for good, potentially sending prices soaring.

看，很容易陷入炒作，但我認為這種“古老的供應”趨勢值得關注。這表明越來越多的人將比特幣視為一種長期價值存儲，而不僅僅是投機性資產。這可能導致比特幣市場的穩定性和成熟度提高。當然，沒有人有水晶球，而加密世界以其驚喜而聞名。但是，如果Fidelity的預測成立，我們可能會尋找一個未來，其中很大一部分比特幣被鎖定為好的，有可能寄出價格飛漲。

So, What's Next?

那麼，下一步是什麼？

Keep an eye on that 'ancient supply HODL rate,' folks! It's going to be a key indicator of where Bitcoin is headed. And remember, whether you're a seasoned HODLer or a newbie just dipping your toes in the crypto waters, always do your own research and never invest more than you can afford to lose. Now, go forth and conquer the crypto world… responsibly!

伙計們，請密切關注“古老的供應hodl速度”！這將是比特幣前進的關鍵指標。請記住，無論您是經驗豐富的霍德勒還是新手，只是將腳趾浸入加密貨幣水域，始終進行自己的研究，而且從不投資超過您負擔得起的損失。現在，出去征服加密世界……負責任！