多数认赔杀出!2022比特币已实现损失突破1,950亿刀,是利润近2倍

GlassnodePubblicato 2022-12-19Pubblicato ultima volta 2022-12-19

Introduzione

今年以来,比特币价格不断下跌,相较去年11 月的6.9 万美元历史高点,最深跌幅将近80%,迫使不少比特币投资者蒙受巨额损失。链上数据显示,比特币投资者今年的已实现损失已达到1950 亿美元,是已实现利润1050 亿美元的近两倍。

Glassnode数据显示,比特币在2022 年的已实现损失已达到1950 亿美元,这意味着有一些持有者以低于买入价的价位,出售了他们原先所持有的比特币,而这些损失大部分发生在今年2 月、 5 月、 6 月和11 月。

投资者承受巨额损失的时间段,发生了俄乌战争、 Terra 崩溃等各种事件,因此引发大规模抛售,而在今年爆发的最大规模投资者投降,发生在5 月、 6 月Terra 大崩盘期间,这两个月投资者的已实现损失分别超过140 亿美元和200 亿美元。

当时Terra 生态系的崩溃造成蔓延效应,最终导致Celsius、 Voyager DIgital、三箭资本和其他数家加密货币公司相继破产,此外,全球经济面临创纪录的高通膨,迫使联准会大幅升息,这些因素都重击比特币,导致比特币在1 个月内暴跌约40%。

另外,今年11 月,随着加密货币交易所FTX 崩溃,比特币持有者在短短7 天内已实现损失超过100 亿美元,创下今年规模第三大的投资者投降,由于FTX 崩溃,投资者转向青睐自托管服务,导致上月存放在中心化交易所的比特币被大规模提出。

今年规模第四大的投资者投降,发生在2 月,也就是俄罗斯挥军入侵乌克兰之际,当时的市场抛售造成超过90 亿美元的已实现损失,甚至在俄罗斯交易所,比特币溢价一度高达2 万美元。总而言之,比特币投资者在2022 年的投降,是因宏观经济和行业特定因素所致。

今年比特币已实现利润仍有1050 亿美元

尽管不少比特币投资者在今年蒙受巨额亏损,不过仍有一些投资者获利。今年迄今为止,比特币的已实现利润仍有1050 亿美元,其中大部分利润来自于持有比特币超过18 个月的长期持有者。

值得注意的是,由于比特币价格不断下跌,已实现利润的规模,也随着时间推移而下降。今年比特币的已实现利润在2 月和4 月达到顶峰,当时出售比特币的投资者,获利各超过70 亿美元,在这两个月,比特币币价都还在4 万美元左右。

后来随着比特币价格在之后几个月下跌,出售比特币的投资者利润也随之减少,今年以来,已实现利润金额最低的月份发生在12 月,迄今仅5 亿美元,本月比特币价格大多数时间皆低于1.7 万美元。

尽管比特币今年持续低迷,但一些市场人士认为币价可能已触底。BitMex 创办人Arthur Hayes 本月稍早就预测,由于联准会2023 年将不得不转向鸽派货币政策,这将促使比特币走升。

《富爸爸.穷爸爸》系列畅销书作者罗伯特清崎(Robert Kiyosaki)也认为,随着联准会将转向,并印钞数兆美元,持有黄金、白银和比特币的人将变得更加富有。

Letture associate

Left Hand PYUSD, Right Hand Open USD: PayPal's Stablecoin Risk "Hedging"

PayPal recently released its Q2 2024 earnings, reporting revenue of $8.68 billion and a Total Payment Volume of $486.4 billion, both exceeding market expectations. However, GAAP profit margins declined year-over-year, with the company attributing an $81 million net loss partly to strategic investments and crypto assets. The report highlighted the strategic role of its PYUSD stablecoin, now positioned as a "major enabler" for the PayPal World platform and integrated into a newly formed "Payment Services & Crypto" business unit. PayPal aims to launch more merchant products powered by PYUSD and AI-driven "agentic payments," focusing on mainstream consumer and business use cases. Despite this strategic push and expansion to over 70 markets and nine blockchains, PYUSD's circulating supply has contracted significantly. After peaking around $4.2 billion in March 2024, its supply fell approximately 31% to roughly $2.7 billion by the end of Q2, indicating a gap between its broad integration narrative and actual sustained user demand post-incentives. The competitive landscape is evolving with the announcement of Open USD, a consortium-backed stablecoin project with over 140 partners including Visa, Mastercard, and Stripe. Unlike PYUSD's single-issuer model, Open USD proposes a shared revenue and governance model among its participants. Notably, PayPal itself is a signatory to the Open USD initiative, suggesting a hedging strategy where it continues developing PYUSD while securing a potential stake in an alternative industry-standard model. PayPal's challenge is to convert PYUSD's established distribution network into organic, subsidy-independent usage. If unsuccessful, its current supply level may represent a peak, especially as competition intensifies from established giants like USDC and new structural paradigms like Open USD.

Odaily星球日报23 min fa

Left Hand PYUSD, Right Hand Open USD: PayPal's Stablecoin Risk "Hedging"

Odaily星球日报23 min fa

Trading

Spot
活动图片