随着投资者拥抱自我客户，比特币（BTC）从交流中流出了新高。

在比特币最近从105,000美元的门槛上获得了令人惊叹的反弹之后，旗舰资产似乎已经发现了强劲的支持和稳定性，超过了109,000美元。

Following Bitcoin’s recent stunning rebound from the $105,000 threshold, the flagship asset appears to have found robust support and stability above $109,000.

在比特币最近从105,000美元的门槛上获得了令人惊叹的反弹之后，旗舰资产似乎已经发现了强劲的支持和稳定性，超过了109,000美元。

With bullish sentiment returning to the market, a report has revealed a massive wave of BTC outflows from crypto exchanges over a long period.

随着看涨的情绪重返市场，一份报告显示，长期以来，来自加密货币交流的BTC流出了大量浪潮。

As the stellar cryptocurrency rally continues, advanced on-chain analytics platform Alphractal has highlighted an interesting development.

随着恒星加密货币集会的继续，先进的链分析平台Alphractal强调了一个有趣的发展。

According to the crypto analytics firm, the balance of Bitcoin on exchanges has shown a startling pattern since February 2020.

根据加密分析公司的说法，自2020年2月以来，交易所比特币的平衡表现出了惊人的模式。

The on-chain platform noted that over the past 5 years, a staggering 3.77 million BTC has been leaving cryptocurrency exchanges.

该链平台指出，在过去的5年中，一个惊人的377万BTC留下了加密货币交易所。

These significant BTC outflows during this period are valued at a whopping $219 billion, which is higher than the amount of coins these exchanges are managing to accumulate.

在此期间，这些重要的BTC流出价值高达2190亿美元，高于这些交易所设法积累的硬币数量。

Despite how the development may appear, the platform highlighted that this is an indication of selling by investors.

尽管发展的方式可能会出现，但该平台强调这表明投资者出售。

“In short, the $219 billion BTC exodus from exchanges doesn’t reflect fear,” Alphractal stated. Rather, it portrays the robust belief of investors who view Bitcoin as the future’s digital gold.

Alphractal说：“简而言之，交流中的2190亿美元的BTC出埃及记不反映恐惧。”相反，它描绘了将比特币视为未来数字黄金的投资者的强烈信念。

According to Alphractal, this trend is one of the strongest indicators of market confidence and maturity.

根据Alphractal的说法，这种趋势是市场信心和成熟度的最强指标之一。

After analyzing the Exchange Flux Balance, a key metric that provides clarity on investors’ behavior on crypto platforms, Alphratcal outlined key takeaways in the massive outflows.

在分析了交换通量余额后，这是一个关键指标，可以清楚地清楚投资者在加密平台上的行为，字母标准概述了大量流出中的关键要点。

The first takeaway is a fact that showcases a long-term strategy (HODL) by investors as BTC owners move their coins to private wallets. This behavior sends a clear message that these investors view the flagship asset as a long-term store of value and have no immediate plans to sell.

第一个要点是，当BTC所有者将硬币移至私人钱包时，投资者展示了一项长期战略（HODL）。这种行为发出了一个明确的信息，即这些投资者将旗舰资产视为价值的长期存储，并且没有立即出售的计划。

While the trend persists, this action demonstrates a high level of confidence in BTC’s long-term prospects.

尽管趋势仍然存在，但此行动表现出对BTC的长期前景的高度信心。

Particularly, these investors are exhibiting their long-term commitment by taking self-custody of their coins, which lowers the available supply and can lead to a supply squeeze.

特别是，这些投资者通过对硬币进行自我观察来表现出他们的长期承诺，从而降低了可用的供应并可能导致供应压缩。

As BTC becomes less available on exchanges or a supply squeeze occurs, it is likely to reduce selling pressure. Historically, this is generally regarded as an exceptionally bullish indication since a tighter supply can raise prices when demand grows.

随着BTC在交流或供应压缩时的可用性降低，它可能会降低销售压力。从历史上看，这通常被认为是一种异常看涨的迹象，因为随着需求的增长，更紧密的供应会提高价格。