Coinbase記錄了2025年每日最高的日常比特幣流出，機構需求正在增長

隨著世界上第三大加密貨幣交易所Coinbase在2025年的每日最高日常流出時，對比特幣的機構需求正在增長

Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.

隨著世界上第三大加密貨幣交易所Coinbase在2025年5月9日記錄了比特幣的最高每日比特幣流出，因此對比特幣的機構需求正在增長。

On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.

5月9日，根據歐洲研究AndréDragosch的Bitwise負責人的說法，Coinbase的價值超過10億美元，價值超過10億美元的比特幣（BTC），這是2025年記錄的最高淨流出。

“Institutional appetite for bitcoin is accelerating,” Dragosch added in a May 13 X post.

Dragosch在5月13日X帖子中補充說：“對比特幣的機構需求正在加速。”

The outflow occurred as Bitcoin traded above $103,600 and just days after the White House announced a 90-day reduction in reciprocal tariffs between the US and China, easing market concerns and lifting broader investor sentiment.

流出發生是因為比特幣交易超過103,600美元，而白宮宣布減少90天的美國和中國之間的相互關稅，減輕了市場的關注並提高了更廣泛的投資者情緒。

The 90-day suspension of additional tariffs removes the risk of “sudden re-escalation,” which may help Bitcoin, altcoins and the wider stock market rally due to improved risk appetite, Nansen’s principal research analyst, Aurelie Barthere, told Cointelegraph.

Nansen的首席研究分析師Aurelie Barthere告訴Cointelegraph，額外關稅為期90天的額外關稅消除了“突然重新升級”的風險，這可能有助於比特幣，Altcoins和更廣泛的股票市場集會。

Corporate Bitcoin investment may lead to supply shock

公司比特幣投資可能導致供應震驚

Growing demand from institutional investors and corporations may lead to a diminishing Bitcoin supply on exchanges, signaling a potential price rally driven by a “supply shock,” which occurs when buyer demand meets decreasing available BTC, leading to price appreciation.

機構投資者和公司的需求不斷增長，可能會導致交易所的比特幣供應減少，這表明了由“供應衝擊”驅動的潛在價格集會，而當買方需求滿足可用的BTC時，這會發生，從而導致價格升值。

While Bitcoin may experience short-term corrections, Dragosch remains “very bullish” for the rest of 2025, he told Cointelegraph during the Chain Reaction daily X show on May 12.

儘管比特幣可能會經歷短期校正，但在2025年其餘時間內，Dragosch仍然“非常看漲”，他在5月12日的《每日鏈反應》中告訴Cointelegraph。

“In 2025 alone, corporations have bought four times more Bitcoin than all US spot Bitcoin ETFs combined, which is crazy,” Dragosch said. “We’re close to 200,000 Bitcoin already, which is the annual supply of new Bitcoin.”

Dragosch說：“僅在2025年，公司就購買了比特幣的比特幣多四倍，這是瘋狂的。” “我們已經接近200,000比特幣，這是新比特幣的年度供應。”

Despite the bullish backdrop, Dragosch noted that the crypto market may still see short-term corrections due to what he described as overheated investor sentiment.

儘管看漲了背景，但Dragosch指出，由於他所說的過熱投資者的情緒，加密貨幣市場仍可能會看到短期糾正。

Meanwhile, Bitcoin’s “illiquid supply” reached a record 14 million BTC, according to Glassnode data, signaling that large investors continue accumulating, Cointelegraph reported on May 13.

同時，根據GlassNode的數據，比特幣的“流動性供應”達到了創紀錄的1400萬BTC，這表明大型投資者繼續積累。