隨著投資者擁抱自我客戶，比特幣（BTC）從交流中流出了新高。

在比特幣最近從105,000美元的門檻上獲得了令人驚嘆的反彈之後，旗艦資產似乎已經發現了強勁的支持和穩定性，超過了109,000美元。

Following Bitcoin’s recent stunning rebound from the $105,000 threshold, the flagship asset appears to have found robust support and stability above $109,000.

在比特幣最近從105,000美元的門檻上獲得了令人驚嘆的反彈之後，旗艦資產似乎已經發現了強勁的支持和穩定性，超過了109,000美元。

With bullish sentiment returning to the market, a report has revealed a massive wave of BTC outflows from crypto exchanges over a long period.

隨著看漲的情緒重返市場，一份報告顯示，長期以來，來自加密貨幣交流的BTC流出了大量浪潮。

As the stellar cryptocurrency rally continues, advanced on-chain analytics platform Alphractal has highlighted an interesting development.

隨著恆星加密貨幣集會的繼續，先進的鏈分析平台Alphractal強調了一個有趣的發展。

According to the crypto analytics firm, the balance of Bitcoin on exchanges has shown a startling pattern since February 2020.

根據加密分析公司的說法，自2020年2月以來，交易所比特幣的平衡表現出了驚人的模式。

The on-chain platform noted that over the past 5 years, a staggering 3.77 million BTC has been leaving cryptocurrency exchanges.

該鏈平台指出，在過去的5年中，一個驚人的377萬BTC留下了加密貨幣交易所。

These significant BTC outflows during this period are valued at a whopping $219 billion, which is higher than the amount of coins these exchanges are managing to accumulate.

在此期間，這些重要的BTC流出價值高達2190億美元，高於這些交易所設法積累的硬幣數量。

Despite how the development may appear, the platform highlighted that this is an indication of selling by investors.

儘管發展的方式可能會出現，但該平台強調這表明投資者出售。

“In short, the $219 billion BTC exodus from exchanges doesn’t reflect fear,” Alphractal stated. Rather, it portrays the robust belief of investors who view Bitcoin as the future’s digital gold.

Alphractal說：“簡而言之，交流中的2190億美元的BTC出埃及記不反映恐懼。”相反，它描繪了將比特幣視為未來數字黃金的投資者的強烈信念。

According to Alphractal, this trend is one of the strongest indicators of market confidence and maturity.

根據Alphractal的說法，這種趨勢是市場信心和成熟度的最強指標之一。

After analyzing the Exchange Flux Balance, a key metric that provides clarity on investors’ behavior on crypto platforms, Alphratcal outlined key takeaways in the massive outflows.

在分析了交換通量餘額後，這是一個關鍵指標，可以清楚地清楚投資者在加密平台上的行為，字母標準概述了大量流出中的關鍵要點。

The first takeaway is a fact that showcases a long-term strategy (HODL) by investors as BTC owners move their coins to private wallets. This behavior sends a clear message that these investors view the flagship asset as a long-term store of value and have no immediate plans to sell.

第一個要點是，當BTC所有者將硬幣移至私人錢包時，投資者展示了一項長期戰略（HODL）。這種行為發出了一個明確的信息，即這些投資者將旗艦資產視為價值的長期存儲，並且沒有立即出售的計劃。

While the trend persists, this action demonstrates a high level of confidence in BTC’s long-term prospects.

儘管趨勢仍然存在，但此行動表現出對BTC的長期前景的高度信心。

Particularly, these investors are exhibiting their long-term commitment by taking self-custody of their coins, which lowers the available supply and can lead to a supply squeeze.

特別是，這些投資者通過對硬幣進行自我觀察來表現出他們的長期承諾，從而降低了可用的供應並可能導致供應壓縮。

As BTC becomes less available on exchanges or a supply squeeze occurs, it is likely to reduce selling pressure. Historically, this is generally regarded as an exceptionally bullish indication since a tighter supply can raise prices when demand grows.

隨著BTC在交流或供應壓縮時的可用性降低，它可能會降低銷售壓力。從歷史上看，這通常被認為是一種異常看漲的跡象，因為隨著需求的增長，更緊密的供應會提高價格。