比特币（BTC）的鲸鱼流入量为二线已下降到29.9亿美元

正如加密量牌所指出的那样，比特币到二手币的鲸鱼流入到2023年初的29.9亿美元下降到了29.9亿美元。

Despite reaching a 24-hour high above $111,000, Bitcoin (BTC) has slid back to $109,000 at the time of writing. This marks a 2% decline from the all-time high.

尽管在撰写本文时，比特币（BTC）达到了24小时高出111,000美元的高度，但比特币（BTC）却恢复了109,000美元。这标志着历史最高水平下降了2％。

At the last two cycle tops, Binance saw 30-day whale inflows of $5.31 billion, $8.45 billion, and $7.24 billion, which were later followed by price corrections. However, data from CryptoQuant shows that these massive influxes have now dwindled.

在最后两个周期的顶部，二手赛的鲸鱼流入为53.1亿美元，84.5亿美元和72.4亿美元，后来进行了价格更正。但是，来自加密量的数据表明，这些大量流入现在已经减少了。

Earlier this year, the world’s largest crypto exchange experienced an average monthly inflow of over $5 billion. But this figure has dropped to $2.99 billion, the lowest since early 2023.

今年早些时候，全球最大的加密货币交易所的平均每月流入超过50亿美元。但是这个数字已降至29.9亿美元，是自2023年初以来最低的。

This data point may indicate a decisive change in behavior, as huge outflows may be on the cards.

该数据点可能表明行为的决定性变化，因为巨大的流出可能存在。

Moreover, despite Bitcoin trading above the $109,000 mark, recent netflows on CoinGlass show that outflows continue to dominate. A lack of huge accumulations, especially on Binance, suggests that whales are not selling, even at new highs.

此外，尽管比特币交易高于109,000美元，但最近在Coinglass上的Netflows表明，流出仍在占主导地位。缺乏巨大的积累，尤其是在二元方面，这表明即使在新高点也没有销售鲸鱼。

Peaks of inflows of $7 billion to $8.5 billion seen at the top of previous cycles are not being repeated, and the current flow remains around $3 billion.

在先前周期的顶部看到的70亿美元至85亿美元的流入峰值没有重复，目前的流量仍然约为30亿美元。

This continuing decrease in supply on exchange may decrease selling pressure in the short term, making the bullish case stronger as the price momentum develops.

交换供应的这种持续减少可能会在短期内降低销售压力，从而随着价格动量的发展而使看涨的案例变得更强大。

Here’s more relevant analysis of the Bitcoin market:

这是对比特币市场的更相关分析：

Bull Flag Breakout Projects $144K Target

Bull Flag Breakout Project $ 144K目标

Bull Flag Breakout Project $ 144K目标

Bitcoin has completed a breakout, and the bull flag is a continuation pattern that tends to forecast powerful moves to the upside. The height of the flag, counted between the $105,000 rise and the recent breakout area, indicates a target at around $144,000.

比特币已经完成了突破，牛旗是延续模式，往往可以预测强大的动作到上升。旗帜的高度在105,000美元的上升和最近的突破区域之间，表明目标约为144,000美元。

Analysts, such as Merlijn The Trader, note that the breakout is still valid as long as BTC stays above the previous consolidation area at $98,000 to $102,000. The Fibonacci extension levels and historical momentum setups coincide with the price structure, giving more validity to the likelihood of a continuation of the rally. In the past seven days, BTC is up by 4%, but it has been met by resistance at the $111,000 level.

分析师（例如Trader Merlijn）指出，只要BTC以前的合并区域以上的$ 98,000至$ 102,000，突破仍然有效。斐波那契的扩展水平和历史势头设置与价格结构相吻合，从而使集会延续的可能性更大。在过去的七天中，BTC增长了4％，但通过阻力达到了111,000美元的水平。

Derivatives Imbalance and Whale Strategy Back Rally

衍生品失衡和鲸鱼策略反弹

In the derivatives, liquidation data shows a massive imbalance in the upside. The risk is even higher on the side of short sellers, where more than 15.11 billion will be liquidated should Bitcoin rally by 10%. Conversely, a comparable drop would just cause long liquidations of $9.58 billion. This skew means that any price explosion may lead to a short squeeze, which will continue to make momentum.

在衍生物中，清算数据在上升方面显示出巨大的失衡。在卖空者的一侧，风险甚至更高，在比特币集会上，将会清算超过151亿美元的风险。相反，可比的下降只会导致长期清算为95.8亿美元。这种偏斜意味着任何价格爆炸都可能导致短暂的挤压，这将继续发挥动力。

Another factor that supports the bullish case is the decreased activity of Binance whales. These entities have historically dumped massive holdings at price tops. Exchange inflows went above $5.3 billion early in 2024. That figure has today dropped to $2.99 billion. Their decision to keep holding instead of selling at higher levels bodes well for more upside.

支持看涨案例的另一个因素是育鲸的活性下降。这些实体历来以价格上涨了大量持有。在2024年初，交换流入率超过53亿美元。今天的数字已下降到29.9亿美元。他们决定继续保持持有，而不是在更高级别的尸体上出售，以获得更多的上涨空间。