比特币交易所储备跌至多年来最低水平，表明转向长期持有

比特币交易储备已降至多年来未见的水平。这可能意味着市场行为转向长期持有，这对该行业来说可能是一个积极的信号。

Bitcoin exchange reserves have dropped significantly, indicating a shift toward long-term holding, which could drive up the price.

比特币交易储备大幅下降，表明人们转向长期持有，这可能会推高价格。

Major cryptocurrency exchanges now hold 2.46M BTC in reserves, down from 3.2M in October 2021. This decrease in liquid supply could put upward pressure on the price due to less Bitcoin being readily available for purchase.

主要加密货币交易所目前持有 246 万比特币的储备，低于 2021 年 10 月的 320 万比特币。由于可供购买的比特币减少，流动性供应的减少可能会给价格带来上行压力。

Data shows that since Donald Trump secured the US presidential election, over 171,000 Bitcoins have been withdrawn from exchanges, suggesting investors are moving their holdings into cold storage.

数据显示，自唐纳德·特朗普赢得美国总统大选以来，已有超过 171,000 个比特币从交易所撤出，这表明投资者正在将其持有的比特币转入冷库。

Moreover, Bitcoin’s illiquid supply, which consists of coins held by long-term investors who are not actively trading, has increased by 185,000 Bitcoin in the past 30 days, reaching a record 14.8M coins. This illiquid supply now accounts for 75% of Bitcoin’s current circulating supply of 19.79M.

此外，比特币的非流动性供应量（由不活跃交易的长期投资者持有的比特币组成）在过去 30 天内增加了 185,000 个比特币，达到创纪录的 1480 万个比特币。这种非流动性供应目前占比特币当前 1979 万流通供应量的 75%。

Despite Bitcoin reaching an all-time high of US$99,600, it is currently valued at US$95.6K. However, the coin has experienced significant volatility in the past seven days.

尽管比特币达到了 99,600 美元的历史新高，但目前的价值为 95,600 美元。然而，该代币在过去 7 天内经历了大幅波动。

The ongoing decline in Bitcoin exchange reserves highlights a potential supply constraint as more BTC is being shifted into crypto wallets, typically indicating an intention for long-term holdings

比特币外汇储备的持续下降凸显了潜在的供应限制，因为越来越多的比特币被转移到加密钱包中，这通常表明长期持有的意图