隨著價格接近歷史最高的，交易所的比特幣供應急劇下降

來自GlassNode的新數據表明，在集中交易所進行的比特幣餘額顯著下降，這表明市場行為發生了變化。

Bitcoin (BTC) balances on centralized exchanges have declined sharply in recent months, according to data from Glassnode.

根據GlassNode的數據，最近幾個月，在集中交易所的比特幣（BTC）平衡急劇下降。

As of May 13, 2025, the total Bitcoin on exchanges has dropped to just over 3.01 million. This compares to nearly 3.11 million in late March.

截至2025年5月13日，交易所的總比特幣降至301萬。相比之下，3月下旬將近311萬。

Over the past two-plus months, exchange balances have decreased by nearly 100,000 BTC. This period has also seen a steep rally in price, with Bitcoin rising from the $86,000 levels to over $104,000 at the time of writing.

在過去的兩個多月份中，交換餘額減少了近100,000 BTC。這個時期的價格也很高，比特幣從86,000美元的水平上升到撰寫本文時的104,000美元以上。

As exchange balances decrease, it may indicate that investors are becoming less interested in selling their coins.

隨著交換餘額的下降，這可能表明投資者對出售硬幣的興趣越來越不感興趣。

Declining exchange balances are often associated with accumulation phases, as investors move their holdings to cold storage in anticipation of higher prices. Conversely, rising exchange balances may suggest a shift towards selling pressure and a broader bearish outlook.

交換餘額的下降通常與積累階段有關，因為投資者將其持股量轉移到冷藏量，以預期更高的價格。相反，上升的交換餘額可能表明向銷售壓力和更廣泛的看跌前景轉變。

With Bitcoin approaching its all-time highs and exchange balances at their lowest levels in months, this trend may reinforce the broader bullish outlook currently forming across the crypto market.output: Bitcoin (BTC) balances on centralized exchanges have dropped sharply in recent months, new data from Glassnode reveals.

隨著比特幣在幾個月內達到其歷史最高水平和交換餘額，這種趨勢可能會加強目前在加密市場中目前形成的更廣泛的看漲前景。輸出：近幾個月來，集中式交易所的比特幣（BTC）餘額急劇下降，玻璃節的新數據顯示。

Since late March, the total BTC held on exchanges has decreased significantly. At the time, exchange balances were around 3.11 million. But as of May 13, 2025, this figure has dropped to just over 3.01 million.

自3月下旬以來，在交易所上舉行的BTC總數已大大減少。當時，交易餘額約為311萬。但是截至2025年5月13日，這一數字已降至301萬。

Over the past two-plus months, exchange balances have decreased by nearly 100,000 BTC. This period has also seen a steep rally in price, with Bitcoin rising from the $86,000 levels to over $104,000.

在過去的兩個多月份中，交換餘額減少了近100,000 BTC。這個時期的價格也很高，比特幣從86,000美元的水平上升到104,000美元以上。

As exchange balances decrease, it may indicate that investors are becoming less interested in selling their coins.

隨著交換餘額的下降，這可能表明投資者對出售硬幣的興趣越來越不感興趣。

Declining exchange balances are often associated with accumulation phases, as investors move their holdings to cold storage in anticipation of higher prices. Conversely, rising exchange balances may suggest a shift towards selling pressure and a broader bearish outlook.

交換餘額的下降通常與積累階段有關，因為投資者將其持股量轉移到冷藏量，以預期更高的價格。相反，上升的交換餘額可能表明向銷售壓力和更廣泛的看跌前景轉變。

With Bitcoin approaching its all-time highs and exchange balances at their lowest levels in months, this trend may reinforce the broader bullish outlook currently forming across the crypto market.

隨著比特幣在幾個月內達到其歷史最高水平和交換餘額，這種趨勢可能會加強目前在加密貨幣市場中構成的更廣泛的看漲前景。