CryptoQuant 表示，自 2 月以來，Coinbase 的比特幣儲備持續減少

過去幾個月，Coinbase 上的比特幣儲備一直在暴跌。根據 CryptoQuant（一家流行的鏈上分析公司）的說法，BTC 儲備

Bitcoin’s price action has been closely tied to the macroeconomic landscape throughout 2024, with the Federal Reserve’s interest rate hikes emerging as a key factor influencing the digital asset's price movements. As the year progresses, the focus has shifted toward the potential cuts in interest rates, and their implications for Bitcoin are being analyzed.

比特幣的價格走勢與整個 2024 年的宏觀經濟狀況密切相關，聯準會升息成為影響數位資產價格走勢的關鍵因素。隨著時間的推移，焦點已經轉向潛在的降息，並且正在分析它們對比特幣的影響。

In a recent development, CryptoQuant analysis highlights a gradual decline in Coinbase's BTC reserves over the past months, which could be impacted by the upcoming interest rate cuts.

在最近的進展中，CryptoQuant 分析強調，過去幾個月 Coinbase 的 BTC 儲備逐漸下降，這可能會受到即將到來的降息的影響。

According to the popular on-chain analytics company, the BTC reserves on Coinbase have been decreasing since the 18th of February this year. The platform revealed the respective gradual shift in the BTC reserves on its official X account.

據熱門鏈上分析公司稱，自今年 2 月 18 日以來，Coinbase 上的 BTC 儲備一直在減少。該平台在其官方X帳戶上披露了BTC儲備的相應逐步變化。

رة صراف العملات الرقمية Coinbase تستمر بالتراجع منذ شهر فبراير، ففي الوقت الذي كان فيه 18 من شهر فبراير 1,044,997 $BTC، وصلت الاحتياطيات في بورصة العملات الرقمية Coinbase إلى 878K بعد الطلب المتزايد بسبب صناديق المؤشرات المتداولة الفورية – إفادة بوراك كسمجي (محلل شركة كريبتوكوانت).

根據 Burak Kasemji（Cryptoquant 公司分析師）報道，自 2 月以來，Coinbase 數位貨幣匯率持續下跌，2 月 18 日為 1,044,997 美元 BTC，由於現貨 ETF 需求增加，Coinbase 數位貨幣交易所的儲備達到 878K。

Bitcoin Reserves of Coinbase Continue to Drain Since February, Says CryptoQuant

CryptoQuant 表示，自 2 月以來，Coinbase 的比特幣儲備持續減少

In its recent post on the social media platform, CryptoQuant disclosed the status of reserves on February 18. As per the company, the well-known crypto exchange had up to 1,044,997 $BTC tokens on that day. However, it also pointed toward the spike in demand that took place after that time. According to the analytics firm, the hype regarding the spot exchange-traded funds rose to a great extent.

CryptoQuant 在社群媒體平台上最近發布的貼文中披露了 2 月 18 日的儲備狀況。然而，它也顯示了在那之後發生的需求激增。據分析公司稱，現貨ETF的炒作程度大幅上升。

The spot ETFs reportedly played the role of a significant role in influencing the Bitcoin reserves on Coinbase. As a result of the respective event, the crypto exchange went through a huge drop in its BTC reserves. Hence, the BTC reserves on the crypto exchange slumped to 878K after the surged demand because of spot ETFs. This was mentioned by Burak Kesmeci (a famous CryptoQuant analyst).

據報道，現貨 ETF 在影響 Coinbase 上的比特幣儲備方面發揮了重要作用。由於上述事件，該加密貨幣交易所的 BTC 儲備大幅下降。因此，在現貨 ETF 需求激增後，加密貨幣交易所的 BTC 儲備跌至 878K。 Burak Kesmeci（著名 CryptoQuant 分析師）提到了這一點。

Following that, in March, the crypto exchange’s BTC holdings dipped to the lowest point in 9 years. The chief triggering factor behind this was the substantial outflow in the Coinbase BTC reserves. This did not stop at that point. On the 31st of March, the reports pointed out a great drop in the crypto exchange’s Bitcoin reserves.

此後的 3 月份，該加密貨幣交易所的 BTC 持有量跌至 9 年來的最低點。這背後的主要觸發因素是Coinbase BTC儲備的大量外流。這並沒有就此停止。 3 月 31 日，有報告指出該加密貨幣交易所的比特幣儲備大幅下降。

In May, the on-chain statistics brought to the front that the BTC reserves of the crypto exchange had further plunged. At that point, the BTC reserves were standing at approximately 267K, displaying a massive decrease from the early 418K spot. As of the 1st of June, the data revealed that Coinbase had 888,337 BTC in its holdings.

5月份，鏈上統計顯示，加密貨幣交易所的BTC儲備進一步暴跌。此時，BTC 儲備約 26.7 萬，較早的 41.8 萬大幅減少。截至 6 月 1 日，數據顯示 Coinbase 持有 888,337 BTC。

In comparison with 928,743 BTC seen on April 1, the respective figure indicated an enormous drop of 40,406 BTC. Keeping all these statistics, the BTC reserves of the exchange have been going through a gradual decline. The CryptoQuant analyst also discussed the potential cuts in interest rates in September this year, implying a likely impact on the Coinbase BTC reserves.

與 4 月 1 日的 928,743 BTC 相比，相應數字大幅下降了 40,406 BTC。根據所有這些統計數據，該交易所的 BTC 儲備一直在逐漸下降。這位 CryptoQuant 分析師還討論了今年 9 月可能的降息，這意味著可能會對 Coinbase BTC 儲備產生影響。