由非處方（OTC）持有的比特幣（BTC）繼續減少

在最近幾週指出的更多流出後，比特幣（BTC）在OTC辦公桌上的庫存繼續減少。來自加密分析師Adler JR的新數據

The stockpiles of Bitcoin (BTC) on OTC desks continue to decrease following more outflows noted in recent weeks. New data from CryptoQuant analyst, Adler Jr, has revealed the rate at which the Bitcoin OTC balance is decreasing.

在最近幾週指出的更多流出後，比特幣（BTC）在OTC辦公桌上的庫存繼續減少。來自CryptoQuant分析師Adler JR的新數據揭示了比特幣OTC平衡降低的速度。

Since September 2021, the balance has declined from 486k BTC to 115k BTC, a 4.2-fold decrease. The data further pointed out that at the current withdrawal rate of about 276 BTC per day, the remaining 115k BTC would be depleted by July 2026.

自2021年9月以來，餘額已從486K BTC下降到115K BTC，下降了4.2倍。數據進一步指出，以目前的撤回率為每天約276 BTC，其餘的115K BTC將在2026年7月之前耗盡。

It’s worth noting the pace at which the OTC balance is declining: since September 2021, it has dropped from 486K to 115K BTC a 4.2-fold decrease. At the current withdrawal rate of about 276 BTC per day, the remaining 115K BTC would be depleted by July 2026. pic.twitter.com/YVzwL5gskl

值得注意的是，OTC餘額正在下降的速度：自2021年9月以來，它已從486K下降到115K BTC，下降了4.2倍。以目前的撤回率為每天約276 BTC，其餘的115K BTC將在2026年7月之前耗盡。

Bitcoin demand exceeds supply

比特幣需求超過供應

The declining BTC balances on OTC desks mean Bitcoin is moving into holders’ private wallets. The decrease comes when increased tokens are held by ETFs, which currently experience slight daily outflows.

OTC辦公桌上的BTC餘額下降的意思是，比特幣正在進入持有人的私人錢包。當ETF持有增加的令牌時，減少的降低是出現的，ETF目前經歷了輕微的每日流出。

This implies that high-net-worth participants currently acquiring Bitcoin are likely purchasing from OTC platforms. Institutional clients often prefer to buy BTC through OTC vendors rather than public exchanges.

這意味著目前購買比特幣的高淨值參與者可能正在從OTC平台購買。機構客戶通常更喜歡通過OTC供應商而不是公共交流購買BTC。

This normally happens this way because, in the OTC trading environment, institutional investors can determine prices and transfer huge amounts of tokens they want.

這種方式通常是這樣發生的，因為在OTC交易環境中，機構投資者可以確定價格並轉移所需的大量令牌。

OTC reserves running down means that institutions may soon turn to public exchanges to accumulate tokens. One of the catalysts for the declining OTC balance is the shortage of fresh inflows. It appears that OTC platforms are receiving relatively fewer inflows while purchasing rates are rapidly high, triggering the overall low net balance.

OTC儲備會降低，這意味著機構可能很快轉向公共交流以積累令牌。 OTC平衡下降的催化劑之一是新鮮流入的短缺。似乎OTC平台在購買率迅速較高時收到的流入量相對較少，從而觸發了總體低淨餘額。

Whales continue to purchase more Bitcoin amid the current price upward momentum. This may have impacts on market liquidity and future price moves. Their participation in accumulation suggests that market prices may continue to see a further uptrend.

在當前價格上漲的勢頭中，鯨魚繼續購買更多的比特幣。這可能會影響市場流動性和未來價格轉移。他們參與積累表明市場價格可能會繼續看到進一步的上升趨勢。

Crypto market boosted by EU tariff delays

加密市場由歐盟關稅延遲推動

Today, BTC’s value is standing at $109,676, down 0.2% from yesterday, but up 4.4% over the past seven days. The impressive stability was triggered by the U.S. announcement of a postponement of the scheduled 50% tariff on E.U. products.

如今，BTC的價值為109,676美元，比昨天下降了0.2％，但在過去的七天中增長了4.4％。令人印象深刻的穩定性是由美國宣布推遲預定歐盟產品關稅50％關稅引發的。

Moreover, demand from institutional buyers has continued to increase as it currently registered the highest weekly inflows since late last month, strengthening investor enthusiasm.

此外，機構買家的需求一直在增加，因為它目前是自上個月下半年以來每週最高流入的最高流入，增強了投資者的熱情。

Yesterday, Monday, May 26, Trump disclosed on his Truth Social page that he has approved to delay the implementation date for the 50% trade tax plan on European Union products from June 1 to July 9.

昨天，5月26日星期一，特朗普在他的真相社交頁面上透露，他已批准將歐盟產品的50％貿易稅計劃的實施日期推遲，從6月1日至7月9日。

This postponement in the EU tariff has relatively strengthened investor sentiment and sparked a slight increase in risk appetite. Both the cryptocurrency market and stocks from the European and Asian markets recorded positive reactions, with Bitcoin holding tight at around $109k, just 1.94% below its latest new ATH of $111,814.

歐盟關稅中的這種推遲已相對加強了投資者的情緒，並引發了風險偏好的略有增加。加密貨幣市場和歐洲和亞洲市場的股票都記錄了積極的反應，比特幣的持有量約為109,000美元，僅比其最新新的ATH售價為111,814美元的最新ATH。