比特币的流动性供应已跃升至1400万BTC的新高点

比特币的流动性供应已跃升至1400万BTC的新高点。因此，价格上涨了更多，人们将硬币转移到很少出售的钱包中。

Bitcoin’s illiquid supply has hit a new high, reaching 14 million BTC. This surge in illiquid holdings, which are essentially coins that are largely locked away and rarely move, is pushing prices up further and causing many to move their coins into wallets from which they rarely sell.

比特币的流动性供应量已经达到新高，达到了1400万BTC。这种流动性的持有量的激增，本质上是在很大程度上被锁定并很少移动的硬币，它正在进一步提高价格，并导致许多人将硬币转移到很少出售的钱包中。

The data from Glassnode shows that Bitcoin’s illiquid supply has reached its highest point since December 2022, with 14 million BTC now largely illiquid. Illiquid supply is essentially any token that isn’t actively traded or used for trade. It’s usually coins that are held long-term by investors who aren’t engaging in frequent trades.

来自GlassNode的数据表明，比特币的流动性供应已达到自2022年12月以来的最高点，目前有1400万BTC在很大程度上不流动。本质上，流动性的供应量不是主动交易或用于贸易的任何代币。通常是由不从事频繁交易的投资者长期持有的硬币。

As demand increases and the circulating supply gets lower, it puts more pressure on the token and causes its price to move higher. The increase in illiquid holdings also shows growing confidence among holders who are choosing to store rather than sell their BTC.

随着需求的增加和循环供应的降低，它给令牌带来了更大的压力，并导致其价格提高。流动性持有量的增加还表明，选择存储而不是出售其BTC的持有人的信心越来越大。

As the chart shows, most of these whale holding wallets belong to users or groups that keep what they buy, even during market changes. Over the past month, about 180,000 BTC were added to this category, which is the biggest growth since late 2022. Back then, prices were much lower and the market was still recovering. Now, the steady increase in stored BTC can tell how well investors trust Bitcoin’s long-term strength.

如图所示，这些鲸鱼握住钱包中的大多数都属于即使在市场变化期间，这些鲸鱼握住的钱包都属于保留购买商品的用户或群体。在过去的一个月中，这一类别增加了约18万BTC，这是自2022年底以来最大的增长。那时，价格要低得多，市场仍在恢复。现在，存储的BTC的稳定增长可以说明投资者信任比特币的长期实力。

Small investors, however, tend to react more quickly to price drops than whales, often choosing to sell when prices fall. This difference in strategy just shows how much trust wealthy individuals and institutions have in Bitcoin’s future growth. While some panic during drops, these bigger players continue to hold, believing the price will keep rising and even get to the seven-figure mark.

但是，小型投资者往往比鲸鱼对价格下跌的反应更快，通常选择在价格下跌时出售。战略上的这种差异仅表明富人和机构对比特币未来增长有多重要。尽管有些恐慌在跌落期间，这些更大的球员继续保持下去，但认为价格会继续上涨，甚至达到七位数的成绩。