比特幣持有者已回歸淨累積狀態

鏈上數據顯示，長期比特幣持有者最近扭轉了趨勢，他們的供應量已經吸收了價值 80 億美元的代幣。

CryptoQuant data on Friday (24/02/2023) showed that long-term Bitcoin ( BTC ) holders have absorbed $8 billion in tokens over the past five months.

CryptoQuant 週五（2023 年 2 月 24 日）的數據顯示，長期比特幣 (BTC) 持有者在過去五個月中吸收了 80 億美元的代幣。

The long-term holders, defined as those who have held their BTC for at least 155 days, saw their supply increase as the price rose from around $54,000 to the current levels.

長期持有者，即持有 BTC 至少 155 天的人，隨著價格從 54,000 美元左右上漲到目前的水平，他們的供應量增加了。

This دسته بندی of holders is split into two based on holding time — long-term holders (LTH) and short-term holders (STH). Statistically, the longer an investor holds onto their coins, the less likely they become to sell.

根據持有時間，持有者分為兩類：長期持有者（LTH）和短期持有者（STH）。根據統計，投資人持有代幣的時間越長，出售代幣的可能性就越小。

So, the LTHs, who tend to hold for longer periods, are known as the “HODLers” of the market. Generally, this group doesn’t easily sell, even during rallies or crashes, unlike the STHs.

因此，傾向於持有較長時間的 LTH 被稱為市場上的“HODLers”。一般來說，與 STH 不同，即使在反彈或崩盤期間，該組也不會輕易出售。

However, this year’s rally proved to be too good a profit-taking opportunity for even the diamond hands to miss out on.

然而，事實證明，今年的上漲是一個絕佳的獲利了結機會，即使是鑽石手也不容錯過。

As you can see in the chart below, the Bitcoin LTHs sharply reduced their combined supply during the rally to the new price all-time high (ATH).

如下圖所示，比特幣 LTH 在上漲至歷史新高 (ATH) 期間大幅減少了其總供應量。

Bitcoin HODLers began selling heavily as the price dropped, but they participated in one final batch of sharp selling when BTC saw a rebound to $68,000.

隨著價格下跌，比特幣持有者開始大量拋售，但當比特幣反彈至 68,000 美元時，他們參與了最後一批大幅拋售。

The LTH supply dropped to 14,431,517 BTC following this selling, but since then, these holders have reversed their behavior.

這次拋售後，LTH 的供應量降至 14,431,517 BTC，但從那時起，這些持有者改變了他們的行為。

The chart shows that the metric has risen to 14,557,609 BTC now, which indicates an increase of 126,092 BTC, or around $8.1 billion at the current exchange rate.

該圖表顯示，該指標現已升至 14,557,609 BTC，這表明增加了 126,092 BTC，按當前匯率計算約為 81 億美元。

Something to note here is that whenever the LTH supply registers a rise, it doesn’t necessarily mean that these diamond hands are buying in the present.

這裡要注意的是，每當 LTH 供應量增加時，並不一定意味著這些鑽石手現在正在買入。

Instead, the increase suggests that some buying took place five months ago, and those coins matured enough to be a part of this group. The same principle doesn’t apply to selling, of course.

相反，這種增加表明一些購買發生在五個月前，並且這些代幣已經足夠成熟，可以成為該組的一部分。當然，同樣的原則不適用於銷售。

This is because coins have their age reset back to zero as soon as they are moved on the Bitcoin blockchain, so they are instantly removed from the LTH supply.

這是因為一旦代幣轉移到比特幣區塊鏈上，其年齡就會重置為零，因此它們會立即從 LTH 供應中刪除。

However, the recent renewal of the uptrend in the indicator could be a sign that the diamond hands have finished selling and are now getting back to HODLing.

然而，該指標最近重新出現上升趨勢可能表明鑽石手已經完成拋售，現在又回到了持有狀態。

If this does turn out to be the case, then the trend could naturally be a bullish sign for the leading cryptocurrency.

如果事實確實如此，那麼這一趨勢自然可能是領先加密貨幣的看漲訊號。

BTC Price

比特幣價格

The past day has seen bearish activity for Bitcoin, with its price dropping by more than 3%.

過去一天，比特幣出現了看跌活動，其價格下跌了 3% 以上。

The world’s leading digital asset is now trading at an average price of around $64,600, as it continues to struggle to remain above the crucial $65,000 support level.

全球領先的數位資產目前的平均價格約為 64,600 美元，但仍難以保持在 65,000 美元的關鍵支撐位之上。

The chart below shows what BTC’s recent price performance has looked like:

下圖顯示了 BTC 最近的價格表現：