以太坊（ETH）交流的供应一直命中历史最低点 - 看涨信号？

根据Santiment的新链数据，集中式交流的以太坊（ETH）供应已达到其历史上最低水平。

The supply of Ethereum (ETH) on centralized exchanges has hit an all-time low, as per on-chain data from Santiment.

根据Santiment的链链数据，集中交易所的以太坊（ETH）供应已达到历史最低水平。

This milestone highlights the broader trend of decreasing exchange balances for ETH, which may carry significant implications for market sentiment and price action.

这个里程碑凸显了降低ETH交换余额的更广泛趋势，这可能对市场情绪和价格行动产生重大影响。

As of Wednesday, August 2, the ratio of ETH held on exchanges has reached its lowest point ever, continuing a pattern that has been steadily unfolding.

截至8月2日（星期三），交流的ETH比率达到了有史以来最低点，延续了一种一直在稳步发展的模式。

According to the chart shared by Santiment, the ETH exchange supply has declined sharply and consistently over the past year, in particular.

根据Santiment共享的图表，ETH Exchange供应在过去一年中，尤其是一致的下降。

As investor confidence in Ethereum’s long-term prospects grows—driven by staking, Layer 2 development, and increasing institutional interest—this data could be a point of interest.

随着投资者对以太坊的长期前景的信心，在既定，第2层开发和增加的机构利益的驱动过程中，此数据可能是一个关注点。

This trend is often interpreted as bullish—fewer coins on exchanges generally means less selling pressure. When holders move assets off exchanges, it’s often a signal that they intend to hold them long-term, rather than sell or trade.

这种趋势通常被解释为看涨 - 交流上的fewer硬币通常意味着销售压力较小。当持有人将资产从交易所移出时，通常表明他们打算长期持有它们，而不是出售或交易。

This pattern is also unfolding for Bitcoin (BTC), albeit at a more moderate pace, with its exchange supply now at its lowest since November 2018.

比特币（BTC）也正在展开这种模式，尽管其速度更为温和，其交换供应现在自2018年11月以来最低。

In other news, Bernstein analysts have predicted that corporations will allocate $330 billion to Bitcoin in the next five years. This is more than triple the current total, which stands at around $90 billion.

在其他新闻中，伯恩斯坦分析师预测，公司将在未来五年内将3,300亿美元分配给比特币。这是目前总数的三倍以上，约为900亿美元。

The analysts believe that institutions will increasingly turn to Bitcoin as a hedge against inflation and market volatility. They also noted that several large corporations, including BlackRock and MicroStrategy, have already made significant investments in Bitcoin in recent years.

分析人士认为，机构将越来越多地转向比特币，以应对通货膨胀和市场波动。他们还指出，近年来，包括贝莱德岩和微观的几家大公司已经对比特币进行了大量投资。

Bernstein’s prediction is based on an analysis of corporate balance sheets, investment trends, and macroeconomic factors. The analysts believe that several factors will drive institutions to allocate more funds to Bitcoin in the coming years.

伯恩斯坦的预测基于对公司资产负债表，投资趋势和宏观经济因素的分析。分析人士认为，几个因素将促使机构在未来几年内将更多资金分配给比特币。

One factor is the low interest rate environment, which makes it less attractive for institutions to hold cash. Another factor is the increasing volatility in the equity markets, which could lead institutions to diversify their portfolios with alternative assets, such as Bitcoin.

一个因素是低利率环境，这使机构持有现金的吸引力降低了。另一个因素是股票市场的波动性增加，这可能导致机构通过替代资产（例如比特币）多样化其投资组合。

Bernstein’s prediction is a bold one, but it is not entirely out of the realm of possibility. If institutions do begin to allocate a larger percentage of their assets to Bitcoin, it could have a significant impact on the cryptocurrency market.

伯恩斯坦的预测是一个大胆的预测，但这并不完全来自可能性的领域。如果机构确实开始将其更大比例的资产分配给比特币，则可能会对加密货币市场产生重大影响。

It remains to be seen whether Bernstein’s prediction will come to pass. However, the analysts' analysis provides valuable insights into the evolving investment strategies of institutions.

伯恩斯坦的预测是否会通过还有待观察。但是，分析师的分析为制度的不断发展的投资策略提供了宝贵的见解。