CryptoQuant 表示，自 2 月份以来，Coinbase 的比特币储备持续减少

过去几个月，Coinbase 上的比特币储备一直在暴跌。根据 CryptoQuant（一家流行的链上分析公司）的说法，BTC 储备

Bitcoin’s price action has been closely tied to the macroeconomic landscape throughout 2024, with the Federal Reserve’s interest rate hikes emerging as a key factor influencing the digital asset's price movements. As the year progresses, the focus has shifted toward the potential cuts in interest rates, and their implications for Bitcoin are being analyzed.

比特币的价格走势与整个 2024 年的宏观经济形势密切相关，美联储加息成为影响数字资产价格走势的关键因素。随着时间的推移，焦点已经转向潜在的降息，并且正在分析它们对比特币的影响。

In a recent development, CryptoQuant analysis highlights a gradual decline in Coinbase's BTC reserves over the past months, which could be impacted by the upcoming interest rate cuts.

在最近的进展中，CryptoQuant 分析强调，过去几个月 Coinbase 的 BTC 储备逐渐下降，这可能会受到即将到来的降息的影响。

According to the popular on-chain analytics company, the BTC reserves on Coinbase have been decreasing since the 18th of February this year. The platform revealed the respective gradual shift in the BTC reserves on its official X account.

据热门链上分析公司称，自今年 2 月 18 日以来，Coinbase 上的 BTC 储备一直在减少。该平台在其官方X账户上披露了BTC储备的相应逐步变化。

رة صراف العملات الرقمية Coinbase تستمر بالتراجع منذ شهر فبراير، ففي الوقت الذي كان فيه 18 من شهر فبراير 1,044,997 $BTC، وصلت الاحتياطيات في بورصة العملات الرقمية Coinbase إلى 878K بعد الطلب المتزايد بسبب صناديق المؤشرات المتداولة الفورية – إفادة بوراك كسمجي (محلل شركة كريبتوكوانت).

据 Burak Kasemji（Cryptoquant 公司分析师）报道，自 2 月份以来，Coinbase 数字货币汇率持续下跌，2 月 18 日为 1,044,997 美元 BTC，由于现货 ETF 需求增加，Coinbase 数字货币交易所的储备达到 878K。

Bitcoin Reserves of Coinbase Continue to Drain Since February, Says CryptoQuant

CryptoQuant 表示，自 2 月份以来，Coinbase 的比特币储备持续减少

In its recent post on the social media platform, CryptoQuant disclosed the status of reserves on February 18. As per the company, the well-known crypto exchange had up to 1,044,997 $BTC tokens on that day. However, it also pointed toward the spike in demand that took place after that time. According to the analytics firm, the hype regarding the spot exchange-traded funds rose to a great extent.

CryptoQuant 在社交媒体平台上最近发布的帖子中披露了 2 月 18 日的储备状况。据该公司称，这家知名加密货币交易所当天拥有高达 1,044,997 美元的 BTC 代币。然而，它也表明了在那之后发生的需求激增。据分析公司称，现货ETF的炒作程度大幅上升。

The spot ETFs reportedly played the role of a significant role in influencing the Bitcoin reserves on Coinbase. As a result of the respective event, the crypto exchange went through a huge drop in its BTC reserves. Hence, the BTC reserves on the crypto exchange slumped to 878K after the surged demand because of spot ETFs. This was mentioned by Burak Kesmeci (a famous CryptoQuant analyst).

据报道，现货 ETF 在影响 Coinbase 上的比特币储备方面发挥了重要作用。由于上述事件，该加密货币交易所的 BTC 储备大幅下降。因此，在现货 ETF 需求激增后，加密货币交易所的 BTC 储备跌至 878K。 Burak Kesmeci（著名 CryptoQuant 分析师）提到了这一点。

Following that, in March, the crypto exchange’s BTC holdings dipped to the lowest point in 9 years. The chief triggering factor behind this was the substantial outflow in the Coinbase BTC reserves. This did not stop at that point. On the 31st of March, the reports pointed out a great drop in the crypto exchange’s Bitcoin reserves.

此后的 3 月份，该加密货币交易所的 BTC 持有量跌至 9 年来的最低点。这背后的主要触发因素是Coinbase BTC储备的大量外流。这并没有就此停止。 3 月 31 日，有报道指出该加密货币交易所的比特币储备大幅下降。

In May, the on-chain statistics brought to the front that the BTC reserves of the crypto exchange had further plunged. At that point, the BTC reserves were standing at approximately 267K, displaying a massive decrease from the early 418K spot. As of the 1st of June, the data revealed that Coinbase had 888,337 BTC in its holdings.

5月份，链上统计数据显示，加密货币交易所的BTC储备进一步暴跌。此时，BTC 储备约为 26.7 万，较早期的 41.8 万大幅减少。截至 6 月 1 日，数据显示 Coinbase 持有 888,337 BTC。

In comparison with 928,743 BTC seen on April 1, the respective figure indicated an enormous drop of 40,406 BTC. Keeping all these statistics, the BTC reserves of the exchange have been going through a gradual decline. The CryptoQuant analyst also discussed the potential cuts in interest rates in September this year, implying a likely impact on the Coinbase BTC reserves.

与 4 月 1 日的 928,743 BTC 相比，相应数字大幅下降了 40,406 BTC。根据所有这些统计数据，该交易所的 BTC 储备一直在逐渐下降。这位 CryptoQuant 分析师还讨论了今年 9 月可能的降息，这意味着可能会对 Coinbase BTC 储备产生影响。