比特幣交易所儲備跌至多年來最低水平，表明轉向長期持有

比特幣交易儲備已降至多年來未見的水平。這可能意味著市場行為轉向長期持有，這對該行業來說可能是一個積極的信號。

Bitcoin exchange reserves have dropped significantly, indicating a shift toward long-term holding, which could drive up the price.

比特幣交易儲備大幅下降，顯示人們轉向長期持有，這可能會推高價格。

Major cryptocurrency exchanges now hold 2.46M BTC in reserves, down from 3.2M in October 2021. This decrease in liquid supply could put upward pressure on the price due to less Bitcoin being readily available for purchase.

主要加密貨幣交易所目前持有 246 萬比特幣的儲備，低於 2021 年 10 月的 320 萬比特幣。

Data shows that since Donald Trump secured the US presidential election, over 171,000 Bitcoins have been withdrawn from exchanges, suggesting investors are moving their holdings into cold storage.

數據顯示，自唐納德·川普贏得美國總統大選以來，已有超過 171,000 個比特幣從交易所撤出，這表明投資者正在將其持有的比特幣轉入冷庫。

Moreover, Bitcoin’s illiquid supply, which consists of coins held by long-term investors who are not actively trading, has increased by 185,000 Bitcoin in the past 30 days, reaching a record 14.8M coins. This illiquid supply now accounts for 75% of Bitcoin’s current circulating supply of 19.79M.

此外，比特幣的非流動性供應量（由不活躍交易的長期投資者持有的比特幣組成）在過去 30 天內增加了 185,000 個比特幣，達到創紀錄的 1,480 萬個比特幣。這種非流動性供應目前佔比特幣目前 1,979 萬流通供應量的 75%。

Despite Bitcoin reaching an all-time high of US$99,600, it is currently valued at US$95.6K. However, the coin has experienced significant volatility in the past seven days.

儘管比特幣達到了 99,600 美元的歷史新高，但目前的價值為 95,600 美元。然而，該代幣在過去 7 天內經歷了大幅波動。

The ongoing decline in Bitcoin exchange reserves highlights a potential supply constraint as more BTC is being shifted into crypto wallets, typically indicating an intention for long-term holdings

比特幣外匯儲備的持續下降凸顯了潛在的供應限制，因為越來越多的比特幣被轉移到加密錢包中，這通常表明長期持有的意圖