Whales Continue to Accumulate Bitcoin Despite Price Fluctuations

儘管價格波動，鯨魚仍繼續累積比特幣

In the crypto market, macroeconomic concerns have led to a decline in both spot and derivative exchange trading volumes. The Federal Reserve's hawkish stance has raised questions about the potential for sustained high interest rates.

在加密貨幣市場，宏觀經濟擔憂導致現貨和衍生性商品交易所交易量下降。聯準會的強硬立場引發了人們對持續高利率潛力的質疑。

Bitcoin Whales Are Buying

比特幣鯨魚正在購買

On-chain data from Santiment reveals that despite Bitcoin's price fluctuating between $61,000 and $64,000, large whales have seized the opportunity to accumulate BTC over the past 24 hours.

Santiment的鏈上數據顯示，儘管比特幣價格在61,000美元至64,000美元之間波動，但大鯨魚在過去24小時內抓住了機會累積BTC。

Investor groups holding 1,000 to 10,000 BTC have amassed over 15,000 BTC, valued at approximately $941 million. Even as the price dipped to $62,000, whales continued their relentless accumulation.

持有 1,000 至 10,000 BTC 的投資者團體已累積了超過 15,000 BTC，價值約 9.41 億美元。即使價格跌至 62,000 美元，鯨魚仍繼續無情地囤積。

These whale purchases lend credence to a bullish outlook for the broader crypto market.

這些鯨魚的購買行為證實了更廣泛的加密貨幣市場的看漲前景。

Whales Reach Highest Hodl Level

鯨魚達到最高持有水平

Over the past two weeks, whales have reached their highest hodl level, adding optimism to Bitcoin's upward trajectory. However, ongoing market uncertainty appears to be prolonging the consolidation process.

在過去的兩周里，鯨魚的持有量達到了最高水平，這為比特幣的上漲軌跡增添了樂觀情緒。然而，持續的市場不確定性似乎正在延長整合過程。

Fed and Bitcoin Price Outlook

聯準會和比特幣價格展望

Boston Fed President Susan Collins stated on Wednesday that interest rate cuts could take longer than anticipated. According to Collins, the US economy requires slower growth to curb inflation, which could lead to a decline in demand.

波士頓聯邦儲備銀行主席蘇珊柯林斯週三表示，降息可能需要比預期更長的時間。柯林斯表示，美國經濟需要放緩成長來抑制通膨，這可能導致需求下降。

Despite Fed Chairman Jerome Powell's dovish approach, hawkish comments from Fed official Neel Kashkari and economic data observed last week have created anxiety in the crypto market.

儘管聯準會主席鮑威爾採取鴿派態度，但聯準會官員尼爾卡什卡利的鷹派言論和上週觀察到的經濟數據引發了加密貨幣市場的焦慮。

Data from the CME FedWatch Tool suggests that the US Fed is likely to begin reducing interest rates from September, with further cuts of 25 basis points possible in November and December.

CME FedWatch工具的數據顯示，聯準會可能從9月開始降息，11月和12月可能進一步降息25個基點。

Will Bitcoin Price Drop?

比特幣價格會下跌嗎？

As traders take profits or liquidate long positions, the Bitcoin price fell below $62,000 during US trading hours. BTC has experienced a drop of over 5% today and over 1% in the past 24 hours. Trading volume has also decreased significantly over the same period.

隨著交易者獲利或清算多頭頭寸，比特幣價格在美國交易時段跌破 62,000 美元。 BTC 今天跌幅超過 5%，過去 24 小時跌幅超過 1%。同期交易量也大幅下降。

According to Kaiko, a leading market research firm, meme tokens remain the most heavily leveraged altcoins, driven by substantial accumulation by whales and other investors.

領先的市場研究公司 Kaiko 表示，在鯨魚和其他投資者大量累積的推動下，meme 代幣仍然是槓桿率最高的山寨幣。

In this bull market, investors continue to purchase meme coins led by dogwifhat (WIF) and Pepe Coin (PEPE), anticipating their price appreciation.

在本次牛市中，投資者繼續購買以dogwifhat（WIF）和Pepe Coin（PEPE）為首的meme幣，預計其價格上漲。