比特币回调致使58万枚BTC陷入亏损状态

bitcoinistPublished on 2026-05-30Last updated on 2026-05-30

Abstract

数据显示,由于近期价格下跌,比特币亏损供应量已增至833万枚,新近购入的代币因价格回调而陷入亏损。比特币总亏损供应量近期显著上升。该指标通过追踪每枚流通中比特币的上次链上转移价格,与当前现货价格对比,若上次价格高于现价,则计入亏损供应。 近期该指标的7小时简单移动平均值持续上升。4月至5月中旬,随着比特币价格反弹,亏损供应量一度降至700万枚以下,远低于2月暴跌后的近1000万枚高点。然而,5月下旬的价格回调使部分刚刚扭亏的供应重回亏损状态。比特币价格从约76,600美元跌至73,000美元,导致亏损供应量从775万枚进一步增至833万枚。仅因这次下跌,就有约58万枚比特币新陷入亏损,表明在73,000至76,600美元区间有大量筹码换手。分析指出,这部分持有者可能因回调而重新评估头寸,增加近期抛压。目前网络状态仍好于2月,但后续发展有待观察。截至发稿,比特币交易价格约73,200美元,过去一周下跌超5%。

数据显示,随着近期购入的代币因价格下跌而陷入亏损,比特币的亏损供应量已上升至833万枚BTC。

近期比特币总亏损供应量大幅上升

在X平台的一篇新帖子中,链上分析公司Glassnode讨论了比特币“总亏损供应量”的最新趋势。顾名思义,该指标衡量的是当前以某种净未实现亏损状态持有的BTC总量。

该指标的工作原理是检查流通中每枚代币的交易历史,以确定其在区块链上最后一次转账时的价格。如果任何代币的最后卖出价高于当前最新现货价格,则该特定代币目前被假定为处于亏损状态。

“总亏损供应量”将满足此条件的所有代币进行合计。一个名为“总盈利供应量”的对应指标则统计相反类型的供应量(即成本基础低于当前价格的代币)。

以下是Glassnode分享的图表,显示了过去两年比特币“总亏损供应量”的7小时简单移动平均线趋势:

该指标的7小时SMA值近几周似乎一直在上升 | 来源:Glassnode on X

如上图所示,比特币“总亏损供应量”在4月和5月上半月随着加密货币价格复苏上涨而出现下降。在该资产价格高点时,亏损供应量缩减至700万枚BTC以下。相比之下,在2月份的暴跌后,该指标曾接近1000万枚BTC大关。

然而,由于比特币在5月下半月面临的价格回调,一些曾摆脱亏损状态的供应量现已重返亏损区域。加密货币回撤至76,600美元时,已将“总亏损供应量”推高至775万枚BTC,而如今,最新一轮跌至73,000美元则意味着该指标进一步上升至833万枚BTC。

当然,仅因这次新的价格下跌就有约58万枚BTC陷入亏损状态,这表明在73,000美元至76,600美元区间内有大量供应易手。“这批持有者会重新评估其在回调中的仓位,从而增加了近期的卖出压力,”该分析公司指出。

目前,网络状态仍好于2月份,但未来是否还能保持如此尚待观察。

BTC价格

截至撰写本文时,比特币交易价格约为73,200美元,过去一周跌幅超过5%。

看来该币种价格近期已大幅下挫 | 来源:TradingView上的BTCUSDT图表

Related Questions

Q根据文章,什么是比特币的总亏损供应量?

A比特币的总亏损供应量是一个链上指标,它衡量的是当前以净未实现亏损持有的比特币总量。它通过检查流通中每枚代币的链上交易历史,判断其最后一次转手时的价格(即成本基础)。如果该成本基础高于比特币当前现货价格,那么该枚代币就被计入亏损供应量。

Q最近是什么原因导致比特币的亏损供应量大幅上升?

A比特币价格在5月下旬出现回调,从先前的高位下跌,是导致亏损供应量大幅上升的直接原因。具体来说,价格从约76,600美元回落至73,000美元的过程中,使得许多在73,000至76,600美元价格区间内买入的比特币再次进入亏损状态,新增了约58万枚BTC的亏损供应。

Q文章提到新增的58万枚亏损BTC可能对市场产生什么影响?

A根据文章引用的分析,新增的58万枚亏损比特币的持有者,可能会因为其仓位转亏而重新评估自己的持仓。这批投资者可能会在近期的价格修正中形成额外的卖出压力,因为他们试图止损或退出亏损仓位。

Q与今年2月相比,目前比特币网络在亏损供应方面的状况如何?

A与今年2月比特币价格下跌后,亏损供应量接近1000万枚BTC的情况相比,尽管近期有所上升,但目前830万枚BTC的亏损供应量状况要好于2月份。不过,文章也指出,未来情况是否会保持更好尚不确定。

Q截止文章撰写时,比特币的价格表现如何?

A截止文章撰写时,比特币的交易价格大约在73,200美元,在过去一周内下跌了超过5%。

Related Reads

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

Anthropic has confidentially filed for an IPO, led by Morgan Stanley and Goldman Sachs, potentially going public by October. Following its latest $650 billion funding round, its pre-IPO valuation stands at $965 billion, with projections reaching up to $2 trillion at listing, which would make it the highest-valued private company ever. The article, written by Fu Sheng, addresses skepticism that this represents an AI bubble akin to the 2000 dot-com crash. It argues the current situation differs fundamentally. Unlike the internet bubble era, which relied on speculative narratives with little revenue, Anthropic's valuation is backed by unprecedented, measurable financial performance. Key data points include: * **Revenue Growth:** ARR skyrocketed from $10 billion in early 2025 to $470 billion by May 2026, targeting $100 billion by year-end—a growth curve unmatched in business history. * **Profitability:** It achieved operating profitability in Q2 2026 with an estimated $5.6 billion profit. * **Efficiency:** With ~3,000 employees and ~$470 billion ARR, its revenue per employee exceeds $10 million. Products like Claude Code, launched less than a year ago, already generate $25 billion in annualized revenue. * **Enterprise Adoption:** It boasts a strong enterprise client base, with 8 of the Fortune 10 and over 1,000 large firms spending over $1 million annually on Claude. The valuation is framed using a traditional SaaS model (e.g., a 10x Price-to-Sales multiple on $100 billion revenue). The author contends the core question for analysts has shifted from "How big could this be?" to "How much is it earning and will earn next quarter?" The discussion extends beyond Anthropic to a broader paradigm shift: the transition from a "carbon-based" to a "silicon-based" economy. Companies are increasingly prioritizing investment in compute and AI capabilities over human resources, as these directly scale productivity and competitive advantage. Anthropic's IPO is thus positioned not just as a corporate milestone, but as a price anchor for this new economic era.

链捕手3h ago

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

链捕手3h ago

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

NEAR Returns to AI Origins: From Payroll Struggles to Blockchain, Now Focusing on AI Agents and Privacy NEAR Protocol's journey began not with grand blockchain ambitions, but from a practical hurdle: its AI startup founders, including Transformer paper co-author Illia Polosukhin, couldn't efficiently pay international developers in 2017. This led them to pivot and build a high-performance, scalable blockchain. After years navigating various crypto narratives like sharding and cross-chain interoperability, NEAR is now leveraging its AI roots to re-enter the AI arena. A key driver is its "NEAR Intents" layer, which abstracts complex cross-chain transactions. Users simply state their goal (e.g., swap BTC for ETH), and a solver network finds the optimal route. This system has processed over $20B in cross-chain volume, generating significant fee revenue. A major growth area is private transactions via "Confidential Intents/Swaps," which hide trade details until settlement to protect against MEV and front-running. Remarkably, private swaps recently accounted for over 40% of NEAR's transaction volume, highlighting strong demand but also potential regulatory scrutiny. With its AI-founder pedigree, NEAR is positioning itself at the intersection of blockchain, AI agents, and privacy, aiming to become infrastructure for the emerging agent economy while navigating the challenges of its rapid adoption.

marsbit5h ago

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

marsbit5h ago

Trading

Spot
Futures

Hot Articles

What is $BITCOIN

DIGITAL GOLD ($BITCOIN): A Comprehensive Analysis Introduction to DIGITAL GOLD ($BITCOIN) DIGITAL GOLD ($BITCOIN) is a blockchain-based project operating on the Solana network, which aims to combine the characteristics of traditional precious metals with the innovation of decentralized technologies. While it shares a name with Bitcoin, often referred to as “digital gold” due to its perception as a store of value, DIGITAL GOLD is a separate token designed to create a unique ecosystem within the Web3 landscape. Its goal is to position itself as a viable alternative digital asset, although specifics regarding its applications and functionalities are still developing. What is DIGITAL GOLD ($BITCOIN)? DIGITAL GOLD ($BITCOIN) is a cryptocurrency token explicitly designed for use on the Solana blockchain. In contrast to Bitcoin, which provides a widely recognized value storage role, this token appears to focus on broader applications and characteristics. Notable aspects include: Blockchain Infrastructure: The token is built on the Solana blockchain, known for its capacity to handle high-speed and low-cost transactions. Supply Dynamics: DIGITAL GOLD has a maximum supply capped at 100 quadrillion tokens (100P $BITCOIN), although details regarding its circulating supply are currently undisclosed. Utility: While precise functionalities are not explicitly outlined, there are indications that the token could be utilized for various applications, potentially involving decentralized applications (dApps) or asset tokenization strategies. Who is the Creator of DIGITAL GOLD ($BITCOIN)? At present, the identity of the creators and development team behind DIGITAL GOLD ($BITCOIN) remains unknown. This situation is typical among many innovative projects within the blockchain space, particularly those aligning with decentralized finance and meme coin phenomena. While such anonymity may foster a community-driven culture, it intensifies concerns about governance and accountability. Who are the Investors of DIGITAL GOLD ($BITCOIN)? The available information indicates that DIGITAL GOLD ($BITCOIN) does not have any known institutional backers or prominent venture capital investments. The project seems to operate on a peer-to-peer model focused on community support and adoption rather than traditional funding routes. Its activity and liquidity are primarily situated on decentralized exchanges (DEXs), such as PumpSwap, rather than established centralized trading platforms, further highlighting its grassroots approach. How DIGITAL GOLD ($BITCOIN) Works The operational mechanics of DIGITAL GOLD ($BITCOIN) can be elaborated on based on its blockchain design and network attributes: Consensus Mechanism: By leveraging Solana’s unique proof-of-history (PoH) combined with a proof-of-stake (PoS) model, the project ensures efficient transaction validation contributing to the network's high performance. Tokenomics: While specific deflationary mechanisms have not been extensively detailed, the vast maximum token supply implies that it may cater to microtransactions or niche use cases that are still to be defined. Interoperability: There exists the potential for integration with Solana’s broader ecosystem, including various decentralized finance (DeFi) platforms. However, the details regarding specific integrations remain unspecified. Timeline of Key Events Here is a timeline that highlights significant milestones concerning DIGITAL GOLD ($BITCOIN): 2023: The initial deployment of the token occurs on the Solana blockchain, marked by its contract address. 2024: DIGITAL GOLD gains visibility as it becomes available for trading on decentralized exchanges like PumpSwap, allowing users to trade it against SOL. 2025: The project witnesses sporadic trading activity and potential interest in community-led engagements, although no noteworthy partnerships or technical advancements have been documented as of yet. Critical Analysis Strengths Scalability: The underlying Solana infrastructure supports high transaction volumes, which could enhance the utility of $BITCOIN in various transaction scenarios. Accessibility: The potential low trading price per token could attract retail investors, facilitating wider participation due to fractional ownership opportunities. Risks Lack of Transparency: The absence of publicly known backers, developers, or an audit process may yield skepticism regarding the project's sustainability and trustworthiness. Market Volatility: The trading activity is heavily reliant on speculative behavior, which can result in significant price volatility and uncertainty for investors. Conclusion DIGITAL GOLD ($BITCOIN) emerges as an intriguing yet ambiguous project within the rapidly evolving Solana ecosystem. While it attempts to leverage the “digital gold” narrative, its departure from Bitcoin's established role as a store of value underscores the need for a clearer differentiation of its intended utility and governance structure. Future acceptance and adoption will likely depend on addressing the current opacity and defining its operational and economic strategies more explicitly. Note: This report encompasses synthesised information available as of October 2023, and developments may have transpired beyond the research period.

363 Total ViewsPublished 2025.05.13Updated 2025.05.13

What is $BITCOIN

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of BTC (BTC) are presented below.

活动图片