一旦比特幣的下一個攀登可能會銷售超過130,000美元

Bitwise首席執行官Hunter Horsley的評論稱，一旦比特幣的下一個攀登可能面臨銷量較小的銷售。

Hunter Horsley, CEO of Bitwise, noted that most of the selling pressure seen lately is likely coming from people who bought Bitcoin at much lower prices long ago.

Bitwise的首席執行官Hunter Horsley指出，最近看到的大多數銷售壓力很可能來自很久以前以更低價格購買比特幣的人。

According to on-chain analytics firm Glassnode, there was a “notable increase” in old-timer selling activity when BTC hit the $100,000 mark on May 8.

根據On-Chain Analytics公司GlassNode的數據，當BTC在5月8日達到100,000美元的成績時，老式銷售活動的“顯著增加”。

Those gains are real – Bitcoin is currently trading at a 210% loss for coins that have been held for at least 150 days. It’s natural for people to take some profit when they’re in the green.

這些收益是真實的 - 比特幣目前正在以210％的損失交易，這些硬幣至少持有150天。人們在綠色時自然而然地獲利是很自然的。

I think once Bitcoin breaks through eg $130-150k, no one is going to sell their Bitcoin.

我認為一旦比特幣突破了130-150k美元，沒有人會出售他們的比特幣。

Right now at $100k, it seems individuals who hold a lot of Bitcoin that was bought a long time ago at very low prices, are selling some.

目前，售價為10萬美元，看來很久以前以非常低價購買的許多比特幣的人正在賣出一些比特幣。

That said, once Bitcoin breaks new levels, this…— Hunter Horsley (@HHorsley) June 10, 2025

也就是說，一旦比特幣打破了新的水平，這個…… - 亨特·霍斯利（@hhorsley）2025年6月10日

According to data from crypto analytics platform Bitbo, the average long-term holder price is around $34,415.

根據Crypto Analytics Platform Bitbo的數據，平均長期持有人價格約為34,415美元。

At current prices, that’s roughly a 210% profit. Once Bitcoin hits the $130k-150,000 zone, Horsley says profit-taking will slow down. At that point, sellers would be giving up a 3x gain or more. Few will want to do that.

以目前的價格，這大約是210％的利潤。一旦比特幣達到了130k-150,000美元的130,000美元，霍斯利說，獲利的利潤將放緩。那時，賣方將放棄3倍或更多收益。很少有人願意這樣做。

He adds that there will be less selling pressure as Bitcoin climbs higher.

他補充說，隨著比特幣攀升更高，銷售壓力將較小。

According to Horsley, there’s also less need to sell now with the growth of on-chain borrowing and lending. Holders can use their coins as collateral to draw loans.

據Horsley稱，隨著鏈上借貸和貸款的增長，現在銷售的需求也更少。持有人可以將硬幣用作貸款的抵押品。

That leaves the supply of BTC on exchanges and over the counter desks even tighter, which helps to support higher prices.

這使BTC在交流和櫃檯桌子上的供應更加緊密，這有助於支持更高的價格。

Another factor is miner sales. Strategy’s Michael Saylor pointed out on June 10 that miners are moving about 450 BTC per day. At today’s rates, that’s roughly $50 million in sells each day.

另一個因素是礦工銷售。策略的邁克爾·塞勒（Michael Saylor）在6月10日指出，礦工每天搬家約450 BTC。按照今天的價格，每天的售價約為5000萬美元。

If that volume is fully bought up, then Saylor believes prices must move higher. With only 450 coins hitting the market each day, even modest demand can tip the scales.

如果該卷被完全購買，那麼Saylor認為價格必須更高。每天只有450枚硬幣在市場上投放市場，即使是適度的需求也可以使尺度上升。

The $130,000 price target has been discussed by market analysts, who point to strong flows from big institutions as a key factor in the 2024 price surge.

市場分析師已經討論了130,000美元的目標目標，他們指出，大型機構的強勁流動是2024年價格上漲的關鍵因素。

As institutional demand meets a small and consistent supply, the math points toward further gains in the long term.

隨著機構需求達到較小且一致的供應，數學從長遠來看指出了進一步的收益。

However, it's worth noting that not all sellers will disappear at new all-time highs.

但是，值得注意的是，並非所有賣家都會在新的歷史高潮中消失。

Newcomers who buy at a high price near a major milestone tend to take profits quickly to avoid potential losses. Moreover, loans against Bitcoin carry the risk of liquidation if prices drop significantly, which could lead to a large sell-off.

以高價購買的新移民傾向於迅速獲得利潤，以避免潛在的損失。此外，如果價格明顯下跌，針對比特幣的貸款會承擔清算的風險，這可能會導致大量拋售。

Unforeseen macroeconomic moves or regulatory news could also spark unexpected swings in either direction.

不可預見的宏觀經濟動作或監管新聞也可能會朝任何方向引起意外的波動。