随着零售业的出售和ETF流入激增，鲸鱼增强了比特币持有量

根据Santiment的数据，在过去的几周中，大型比特币持有人一直在悄悄地提高其位置。

Despite recent market chop and retail investors trimming their holdings, large Bitcoin (BTC) appear to be quietly increasing their positions, according to on-chain data.

根据链链数据，尽管最近的市场股和零售投资者修剪了持股，但大型比特币（BTC）似乎正在悄悄地提高其位置。

Investors holding wallets containing between 10 and 10,000 BTC—often referred to as “whales” and “sharks”—have collectively accrued over $7.8 billion worth of Bitcoin during this period.

在此期间，持有包含10至10,000 BTC的钱包（通常称为“鲸鱼”和“鲨鱼”）的投资者在此期间总计超过78亿美元的比特币。

This surge in activity, which seems to be unfolding slowly yet steadily over the past several weeks, is interesting considering that smaller retail investors have actually been trimming their holdings.

考虑到较小的零售投资者实际上一直在修剪他们的持股量，这种活动似乎正在缓慢而稳定地展开，这似乎在缓慢而稳定。

Wallets holding less than 0.1 BTC have shed nearly 290 BTC, hinting at either panic selling or disinterest during the recent market chop.

持有少于0.1 BTC的钱包剥离了近290 BTC，暗示最近的市场股票中的恐慌销售或不感兴趣。

Chart: Santiment

图表：santiment

Optimism Among Whales and Sharks

鲸鱼和鲨鱼的乐观

The big players' persistent accumulation is a testament to their growing optimism.

大玩家的持续积累证明了他们日益增长的乐观情绪。

Having added more than 81,000 BTC—an increase of about 0.61%—these influential wallets, which are often seen as a barometer of broader market health, are signaling confidence in Bitcoin’s longer-term potential.

增加了81,000多个BTC（增加了约0.61％），这些有影响力的钱包通常被视为更广泛的市场健康晴雨表，这表明了对比特币长期潜力的信心。

This optimism is further highlighted by the fact that these wallets have been accumulating despite recent market fluctuations, suggesting that they are focused on the bigger picture rather than short-term price movements.

尽管这些钱包最近发生了波动，但这些钱包仍在积累，这表明它们专注于更大的情况而不是短期价格变动，这进一步强调了这种乐观。

The activity of whales and sharks could also be a factor in the recent price strength of Bitcoin, which has managed to stay afloat despite the turbulent market conditions.

鲸鱼和鲨鱼的活动也可能是比特币最近价格强度的一个因素，尽管市场条件动荡，但比特币的价格强度仍然保持了维持。

The apex coin is currently trading above the $70,000 mark, having slid from highs of over $73,000 earlier this week.

Apex硬币目前的交易高于$ 70,000，从本周早些时候的高处超过73,000美元下滑。

While it is still early to say whether Bitcoin will be able to break out of the trading range that it has been stuck in for several months now, the big players' persistent optimism and the fact that institutional capital continues to flow into Bitcoin could bode well for the apex coin's chances of making a move higher.

虽然还要说比特币是否能够脱离几个月的交易范围，但大玩家的持久乐观情绪，以及机构资本继续流入比特币的事实，可以很好地寄入比特币，这对于Apex Coin的机会更高。

ETF Inflows Point to Institutional Interest

ETF流入指向机构利益

In addition to direct accumulation, institutional interest also seems to be climbing.

除了直接积累外，机构利益似乎也在攀登。

Since mid-April, Bitcoin ETFs have seen significant capital inflows. More than $5.1 billion has poured into these investment vehicles since April 16, contributing to market momentum.

自4月中旬以来，比特币ETF已经看到了大量资本流入。自4月16日以来，这些投资工具已经涌入了超过51亿美元，这促进了市场势头。

This massive influx is testament to the growing institutional appetite for Bitcoin, which is presenting itself as a viable asset class for diversified portfolios.

这种大量涌入证明了比特币的机构需求不断增长，比特币将自己作为多元化投资组合的可行资产类别。

As reported by Inc Magazine, this marks a stark contrast to the trends observed during the 2022 bull market. Back then, the narrative was focused on retail investors pouring money into Bitcoin, while institutions were largely absent.

据INC杂志报道，这与2022年牛市中观察到的趋势形成鲜明对比。那时，叙述的重点是散户投资者将钱投入比特币，而机构在很大程度上没有。

Now, the tables have turned, with major institutions actively participating in the crypto markets and making substantial investments in Bitcoin.

现在，这些桌子已经转过身来，主要机构积极参与加密货币市场，并对比特币进行了大量投资。

This shift is a natural progression as institutions are constantly seeking outperforming asset classes to generate returns for their investors.

这种转变是自然的进步，因为机构不断寻求胜过资产类别来为投资者带来回报。

With Bitcoin's performance over the past several years and its status as the leading cryptocurrency, it is no surprise that it has become a primary target for institutional capital allocation.

由于比特币在过去几年中的表现及其作为主要加密货币的地位，因此它已成为机构资本分配的主要目标也就不足为奇了。