Glassnode 鏈上報告顯示比特幣持有者在市場不確定性中表現出新的承諾

分析公司 Glassnode 的最新鏈上報告強調了持有（報告中稱為「HODLing」）行為的復甦

Onchain analytics firm Glassnode has reported a shift in the holding behavior among bitcoin market participants, with a particular focus on long-term holders, amid the ongoing market volatility.

鏈上分析公司 Glassnode 報告稱，在市場持續波動的情況下，比特幣市場參與者的持有行為發生了變化，特別關注長期持有者。

Onchain data reveals that, following months of substantial distribution pressure, the trend is now shifting back toward accumulation. This is evident in the increasing Accumulation Trend Score (ATS), which reached its maximum value of 1.0, indicating strong accumulation activities.

鏈上數據顯示，在經歷了幾個月的巨大分配壓力之後，現在的趨勢正在轉向累積。這一點在不斷增加的累積趨勢得分 (ATS) 中表現得很明顯，該得分達到了最大值 1.0，表明積累活動強勁。

“Over the last few weeks, this trend is showing early signs of reversing, particularly for the largest wallet sizes which are often associated with ETFs,” Glassnode's research report states. “These large wallets appear to be returning to a regime of accumulation.”

Glassnode 的研究報告指出，“過去幾週，這一趨勢出現了逆轉的早期跡象，特別是對於通常與 ETF 相關的最大錢包規模而言。” “這些大錢包似乎正在回歸積累狀態。”

The report also highlights the behavior of long-term holders (LTHs), who had significantly divested their assets during the run-up to bitcoin's all-time high (ATH) earlier this year. However, over the past three months, roughly 374,000 BTC have migrated back into long-term holding status, according to Glassnode's findings.

該報告還強調了長期持有者（LTH）的行為，他們在今年早些時候比特幣創下歷史新高（ATH）期間大幅拋售了資產。然而，根據 Glassnode 的調查結果，在過去三個月中，大約 374,000 BTC 已重新進入長期持有狀態。

The figures indicate that despite the recent price volatility, LTHs are increasingly opting to retain their assets, contributing to a more stable market foundation. Glassnode's onchain data further shows that the Long-Term Holder Supply has returned to an upward trend, stating:

數據表明，儘管最近價格波動，LTH 越來越多地選擇保留其資產，從而為更穩定的市場基礎做出了貢獻。 Glassnode 的鏈上數據進一步顯示，長期持有者供應已恢復上升趨勢，並指出：

“More recently, this metric has returned to positive territory, indicating that the LTH cohort are expressing a preference for holding onto their coins.”

“最近，這一指標又回到了正值，這表明 LTH 群體表達了持有代幣的偏好。”

Lastly, Glassnode's analysis of the market's technical indicators suggests that the ongoing accumulation trend could lead to a reduction in volatility, as long-term holders continue to exhibit patience and resilience. The report points out that the Sell-Side Risk Ratio for LTHs remains low compared to previous market cycles, indicating that these investors are waiting for higher prices before resuming any significant selling.

最後，Glassnode 對市場技術指標的分析表明，隨著長期持有者繼續表現出耐心和彈性，持續的吸籌趨勢可能會導致波動性降低。報告指出，與先前的市場週期相比，LTH 的賣方風險比率仍然較低，這表明這些投資者在恢復任何重大拋售之前正在等待更高的價格。

This, combined with the market's ability to maintain support near key levels, underscores a cautious optimism among long-term investors about BTC's future potential. Bitcoin climbed 2.3% on Tuesday afternoon on Aug. 13, peaking at $61,600 per unit at 1 p.m. EDT. Over the past week, BTC has risen more than 7% against the U.S. dollar.

再加上市場有能力維持關鍵水準附近的支撐，突顯出長期投資者對比特幣未來潛力的謹慎樂觀態度。 8 月 13 日星期二下午，比特幣上漲 2.3%，美國東部時間下午 1 點達到每單位 61,600 美元的峰值。過去一周，BTC兌美元漲幅超過7%。

Glassnode's latest findings align with insights from cryptoquant.com, shared by the company's founder and CEO, Ki Young Ju, who highlighted an interesting trend: a significant amount of bitcoin has moved into long-term holder addresses in the past 30 days.

Glassnode 的最新發現與cryptoquant.com 的見解一致，該公司創始人兼首席執行官Ki Young Ju 分享了這一見解，他強調了一個有趣的趨勢：在過去30 天內，大量比特幣已轉移到長期持有者地址。

What do you think about Glassnode's latest onchain report? Share your thoughts and opinions about this subject in the comments section below.

您如何看待 Glassnode 最新的鏈上報告？在下面的評論部分分享您對此主題的想法和意見。