Bitcoin miner outflow ratio hits 6-lub hlis siab nyob rau hauv tshiab kev hem thawj rau BTC nqi

Bitcoin (BTC) tab tom nkag mus rau qhov chaw "tseem ceeb hauv qab" raws li cov neeg muag khoom thaum kawg lees txais FTX poob.

Cov ntaub ntawv los ntawm on-chain analytics tuam txhab Glassnode qhia tau hais tias tias tus neeg muag khoom qaug zog tau nce mus txog qib zoo rau tus nqi BTC nce.

Cov neeg muag khoom Bitcoin ntsib tus nqi qis BTC volatility

Yuav luag ib hlis tom qab FTX implosion pib, Bitcoin tub ua lag luam muaj ob qho tib si capitulated thiab muag ntawm qhov poob lossis txuas ntxiv mus hodl unrealized poob.

Raws li Cointelegraph qhia, cov kev poob ntawd tau dhau los ua qhov tseem ceeb tsuas yog hnub tom qab qhov kev tshwm sim, nrog ntau dua 50% ntawm BTC khoom tuav hauv liab.

Tam sim no, lwm qhov kev ntsuas ntawm cov saw hlau yog pleev xim rau daim duab uas muaj peev xwm ntau dua thaum nws los txog rau hodlers 'kev ua lag luam poob BTC.

Tus Neeg Muag Khoom Exhaustion Constant, uas ntsuas qhov kev sib raug zoo ntawm cov khoom lag luam hauv cov nyiaj tau los thiab 30-hnub volatility, yog rov ua tus cwj pwm txij lub Rau Hli xyoo no.

Keeb kwm tsim los ntawm ARK Invest thiab David Puell, lub luag haujlwm rau Puell Ntau, Tus Neeg Muag Khoom Exhaustion Constant qhia tias thaum volatility tsawg tab sis poob siab, nws tsis tshua muaj peev xwm Bitcoin yuav qis dua.

"Tshwj xeeb, kev sib xyaw ua ke ntawm qhov tsis muaj zog thiab poob siab yog cuam tshuam nrog kev poob siab, kev txaus siab, thiab qis qis ntawm tus nqi bitcoin," ARK piav qhia hais txog qhov ntsuas hauv ib daim ntawv tshawb fawb, "Ib Lub Ntsiab Cai rau Kev Ntsuas Bitcoin," hauv 2021.

Qhov xwm txheej ntawd cuam tshuam txog cov xwm txheej tam sim no, thiab yog tias Lub Rau Hli tus nqi rov ua dua nws tus kheej, qhov kev pab cuam yuav tsum yog vim BTC / USD.

Hauv nws tus kheej cov lus piav qhia, Glassnode piav qhia txog cov xwm txheej xws li "qhov pheej hmoo qis qis."

Bitcoin Seller Exhaustion Constant chart. Source: Glassnode

Bitcoin miners nyob rau hauv mob aga

Hurdles rau qhov kev pab txhawb nqa tuaj rau fruition tseem tseem nyob.

Related: Crypto thiab Capitulation - Puas muaj nyiaj hauv ob sab phlu? Saib Kev Lag Luam Sib Tham ntawm Cointelegraph

Bitcoin miners, ntshai yuav nkag mus rau ib nthwv dej ntawm capitulation, tau nce muag ntawm BTC reserves, cov ntaub ntawv lees paub.

Tau ntsib cua daj cua dub zoo meej ntawm cov ntaub ntawv hash tus nqi thiab fading profit margins, miners tau taw qhia tias upheaval yuav los, nrog Bitcoin network fundamentals tsuas yog tam sim no pib kho kom muaj kev cuam tshuam nws.

William Clemente, tus tsim ntawm crypto tshawb fawb lub tuam txhab Reflexivity Research, "Peb muaj peev xwm nkag mus rau hauv ob lub dip miner capitulatory lub sijhawm," ceeb toom lub lim tiam no, xa mus rau qhov nrov Hash Ribbons metric siv los saib xyuas miner profitability:

"Hash ribbons nyuam qhuav pib ua tus ntoo khaub lig bearish, keeb kwm qhov no tau ua qhov taw qhia ntawm miner capitulation."

Bitcoin Hash Ribbons daim ntawv qhia. Tau qhov twg los: William Clemente / Twitter

Glassnode's miner outflow ntau, uas ntsuas BTC outflows los ntawm miner hnab nyiaj txheeb ze rau lawv ib xyoos mus nruab nrab, yog tam sim no nws siab tshaj plaws nyob rau hauv rau lub hlis.

Ntawm 1.073, ntau yam - ib yam li cov neeg muag khoom qaug zog - txawm li cas los xij echoes lub rau hli ntuj macro BTC nqi hauv qab.

Bitcoin miner outflow ntau daim ntawv. Source: Glassnode

Cov kev xav, cov kev xav thiab kev xav ntawm no yog tus sau phau ntawv ib leeg thiab tsis tas yuav muaj kev cuam tshuam lossis sawv cev ntawm kev pom thiab kev xav ntawm Cointelegraph.