比特币（BTC）生态系统看到了从短期到长期持有人的供应过渡的积极进步

比特币（$ BTC）生态系统已经取得了积极的进步，供应从短期持有人到长期持有人。

Crypto analyst Axel Adler Jr. has shared an update on the transition of Bitcoin (BTC) supply from short-term to long-term holders.

加密分析师Axel Adler Jr.分享了从短期到长期持有人的比特币（BTC）供应过渡的更新。

According to data shared by Adler on Monday, the supply held by short-term holders has dipped by nearly 359,000 BTC over the past 16 days. This decline began on April 4 and continues up until April 20.

根据阿德勒周一共享的数据，在过去的16天中，短期持有人持有的供应量降低了近359,000 BTC。这种下降始于4月4日，一直持续到4月20日。

The analysis further reveals that over the last two days, amid a slight increase in price, there was an addition of 70K BTC to STH-supply. This occurred after a period of nearly two weeks of consistent decline in STH-supply.

该分析进一步表明，在过去的两天中，由于价格略有上涨，在STH供应中增加了70K BTC。这发生在STH供应量持续下降的近两个星期后发生。

Chart: Axel Adler Jr.

图表：Axel Adler Jr.

As evident from the chart, the total supply with short-term holders has seen a significant reduction, especially in the first half of April. This aligns with a procedure of maturation as several coins are transitioning from short-term to long-term holders.

从图表可以明显看出，短期持有人的总供应显着降低，尤其是在4月上半年。这与成熟程序一致，因为几枚硬币正在从短期到长期持有人过渡。

Earlier this year, when Bitcoin’s price experienced a downturn from the highs of around $69,000 to lows near $42,000, it displayed strong resilience in terms of absorption.

今年早些时候，当比特币的价格从大约69,000美元的高点到近42,000美元的低点时，它在吸收方面表现出了强大的弹性。

During that period of market downturn, there was a substantial coin redistribution from long-term to short-term holders. But even then, the rate at which coins were absorbed into the market outpaced the rate of coin distribution. This fact is noteworthy because it indicates that overall, more coins were leaving the market than entering it.

在那段市场低迷时期，从长期到短期持有人进行了大量硬币重新分配。但是即使到那时，将硬币吸收到市场的速率也超过了硬币分布的速度。这一事实值得注意，因为它表明，总体而言，硬币要离开市场多于进入市场。

Chart: Axel Adler Jr.

图表：Axel Adler Jr.

In the present moment, Bitcoin’s price is considerably above the overall Short-Term Holder Realized Price, which stands at $92,200. Maintaining a level above this is significant and denotes that STHs are currently in profit. This reduces the prospect of rapid selling and contributes to broader market stability.

目前，比特币的价格大大高于总体短期持有人实现的价格，为92,200美元。保持高于此水平的水平很重要，表示STH目前正在获利。这降低了快速销售的前景，并有助于更广泛的市场稳定性。

In summary, the analysis highlights a consolidation of short-term holder activity and the efficient absorption of newly distributed coins, both of which suggest resilience in Bitcoin’s current state.

总而言之，该分析强调了短期持有人活性的整合和新分布的硬币的有效吸收，这两者都表明比特币当前状态的弹性。