比特幣（BTC）價格從30天內從85,000美元上漲至105,000美元，似乎只有明智的選擇才做出了明智的選擇

本月比特幣鯨活動已經脫離圖表。 BTC價格在30天內從85,000美元上漲至105,000美元，但並非全部購買。

Bitcoin (BTC) has been on a tear recently, rising from the $85K range to $105K in 30 days. While most assumed everyone was buying during this window, only smart money seems to have made a smart choice.

比特幣（BTC）最近一直流淚，在30天內從85,000美元的範圍上升到105,000美元。儘管大多數人都認為每個人在此窗口中都在購買，但只有聰明的錢似乎做出了明智的選擇。

As seen by on-chain analytics firm Santiment, wallets holding between 10 and 10,000 BTC (roughly $1 million to $100 million) added 83,105 BTC in the past 30 days. At the same time, retail investors with less than 0.1 BTC sold off 387 BTC. And that contrast says a lot.

正如鍊上分析公司所見，在過去30天內，持有10至10,000 BTC（約100萬美元至1億美元）的錢包增加了83,105 BTC。同時，不到0.1 BTC的零售投資者出售了387 BTC。這種對比說了很多。

There is a clear divide between how large and small players view the market differently. Smaller wallets booked profits, likely thinking Bitcoin had peaked at $94K. Meanwhile, the whales (addresses) have taken an opposite stance. Their aggressive buying suggests they expect a bigger move soon.

小型玩家和小型玩家對市場的看法有所不同。較小的錢包預訂了利潤，可能認為比特幣以9.4K美元的價格達到頂峰。同時，鯨魚（地址）採取了相反的立場。他們的積極購買表明，他們希望很快會採取更大的舉動。

Bitcoin Exchange Netflow’s Drop, Long-Term Mindset Grows

比特幣交換NetFlow的下降，長期心態增長

BTC exchange reserves have also declined. That means more Bitcoin is moving off platforms and into wallets, likely cold storage. A netflow total below zero typically favors cryptocurrency price increases.

BTC交換儲備也有所下降。這意味著更多的比特幣正在從平台上移動到錢包，可能是冷藏。低於零的淨流量通常有利於加密貨幣價格上漲。

Bitcoin price dropped below $101,000 earlier today, dragging most altcoins down with it. But some analysts expect a push toward $110,000 if volumes and institutional demand remain high.

今天早些時候，比特幣價格下跌了101,000美元，將大多數山寨幣拖下來。但是，如果量和機構需求仍然很高，一些分析師預計，如果數量和機構需求仍然很高，則將推向110,000美元。

According to crypto analytics firm Santiment, whales rarely chase price. They accumulate when they anticipate value.

根據加密分析公司的說法，鯨魚很少追逐價格。當他們預期價值時，他們會積累。

Last week, the largest BTC outflows from exchanges in months were recorded. This signals growing confidence among long-term holders.

上週，記錄了幾個月來交流中最大的BTC流出。這表明長期持有人之間的信心越來越大。

These shifts are often seen to be early signs of major price moves. If whales keep buying as the retail investors exit, then the market may be coiling up for a breakout. Bitcoin climbed to fresh highs within weeks, the last time such behavior was seen.

這些轉變通常被認為是主要價格轉移的早期跡象。如果鯨魚繼續購買作為散戶投資者退出，那麼市場可能會盤繞以進行突破。比特幣在幾週內攀升至新鮮的高點，這是最後一次看到這種行為。

Whales Hold Their Bullish Stance

鯨魚保持看漲的立場

For now, the message is clear. Whales are stacking while retailers exit and wait. And if history rhymes, $110,000 may be just the beginning.

目前，消息很清楚。鯨魚在零售商退出並等待時正在堆疊。而且，如果歷史押韻，$ 110,000可能只是開始。

These movements come as the entire crypto market faces mounting pressure due to macro factors. As reported by Coingape, this correction came ahead of the latest U.S. CPI data and led to over $700 million in liquidations. While some see panic, others like MicroStrategy used the dip to stack more Bitcoin.

這些運動是由於宏觀因素導致的整個加密市場面臨著越來越大的壓力。據Coingape報導，這種更正是在最新的美國CPI數據之前提前的，並導致了超過7億美元的清算。雖然有些人看到恐慌，但像MicroStrategy這樣的其他人則使用DIP堆放了更多的比特幣。