Bitcoin Leverage Flush Looms li 30% ntawm Supply 'Underwater': Qhia

As Bitcoin tau tibneeg hu tauj coob limboing hauv qab $ 45,000 cim, crypto derivatives tau pom ntau "kev txaus siab" raws li cov tub luam xav txog ntawm BTC tus nqi yav tom ntej.

Hauv qab cov duab loj, txawm li cas los xij, muaj kev sib ntaus sib tua ntawm Bitcoin bulls thiab bears, hais tias Glassnode hauv nws daim ntawv tshaj tawm txhua lub lim tiam. Thiab, raws li cov ntaub ntawv txheeb xyuas lub tuam txhab, nws tsis paub meej tias qhov kev taw qhia tus nqi yog coj mus rau ob peb lub hlis tom ntej - txawm tias cov khw muag khoom tseem ceeb rau "kev tawm dag zog".

Nrog Bitcoin tau poob ntau tshaj li ib feem peb ntawm nws cov nqi txij li thaum ntaus cov ntaub ntawv siab thaum lub Kaum Ib Hlis, cov neeg tuav khoom uas yuav nyob ze ntawm lub ncov ntawm kev ua lag luam tam sim no tau ntsib nrog kev poob qis. Raws li Glassnode, 5.7 lab BTC, lossis 30% ntawm cov nyiaj npib hauv kev ncig, yog dej hauv qab, txhais tau tias lawv muaj nqis tsawg dua qhov lawv tus tswv them rau lawv. 

Qhov ntawd yog theem tseem ceeb hauv keeb kwm thiab kev puas siab puas ntsws, hais tias Glassnode; txij li lub Tsib Hlis 2020, txhua zaus qhov feem pua ​​​​ntawm cov khoom siv Bitcoin "hauv cov txiaj ntsig" tau poob ze rau lossis qis dua 70% cuam tshuam, nws muaj peev xwm rub rov qab. 

"Cov tshuaj tiv thaiv los ntawm qib no yuav zoo li muab kev pom rau lub sijhawm nruab nrab ntawm kev lag luam Bitcoin," sau Glassnode. "Qhov tsis muaj zog ntxiv tuaj yeem txhawb nqa cov neeg muag khoom hauv qab dej no thaum kawg capitulate, thaum lub zog bullish impulse tuaj yeem muab kev xav tau ntau yam kev xav, thiab muab nyiaj npib ntau rov qab rau hauv cov txiaj ntsig tsis tau paub."

Nrog kev sib xyaw ntawm bullish thiab bearish indicators ntawm tes, nws yog ib qho nyuaj rau qhia, raws nraim, txoj kev uas yuav mus. Tab sis nrog ntau qhov kev txaus siab qhib hauv Bitcoin derivatives kev lag luam (uas yog, tus nqi ntawm cov ntawv cog lus tsis muaj kev ruaj ntseg), qee tus neeg yuav raug tshem tawm. Raws li Glassnode daim ntawv tshaj tawm video, kev lag luam kub derivatives tau "tsim theem rau qee yam kev tawm dag zog."

Raws li nws cov stats, lub neej yav tom ntej qhib kev txaus siab yog nyob ntawm 250,000 BTC, qhov nws hu ua "keeb kwm nce qib." Qhib kev txaus siab nyob rau hauv cov ntaub ntawv no yog hais txog tus nqi ntawm BTC cov neeg tau bet rau Bitcoin ntaus ib tug tshwj xeeb nqi hom phiaj (txawm yog qis dua los yog siab dua) nyob rau hauv tej taw tes rau yav tom ntej. (Tus nqi duas ntawm cov ntawv cog lus yav tom ntej yog tsis keeb kwm nce siab ua tsaug rau Bitcoin tus nqi poob hauv USD.)

Ntau qhov xwm txheej yog vim kev lag luam leveraged, raws li tib neeg qiv ntau dua li lawv yuav tsum ua lag luam loj. Qhov nyiaj ntxiv: Lawv tuaj yeem yeej loj yog tias kev ua lag luam txav mus rau qhov lawv xav tias nws yuav. Qhov tsis zoo: Thaum kev ua lag luam mus rau lwm txoj hauv kev, lawv cov khoom lag luam yog liquidated kom ntseeg tau tias kev lag luam platform tsis raug ntaus nrog kev poob.

Leveraged trading kuj ua rau volatility, uas yog vim li cas Glassnode hu rau lub lag luam yav tom ntej tam sim no "hmoov keg rau lub sij hawm luv luv volatility."

Yog hais tias qhov leverage tau flushed, txawm li cas los xij, cia siab tias tus nqi yuav ruaj khov rau ib ntus, txawm tias nws yuav ua li ntawd qis dua nws tus nqi tam sim no. "Muaj pov thawj tias kev ua lag luam tau ncav cuag qee yam ntawm tus nqi thiab lub zog sib npaug," nws sau. Thiab txawm hais tias qee qhov kev taw qhia bullish, nws hais tias, "Bitcoin bears yeej muaj sab tes xis."