两个月内USDT市值缩水40亿美元

cryptonews.ruPublished on 2026-08-11Last updated on 2026-08-11

Abstract

过去两个月，稳定币USDT的市值减少了约40亿美元，这可能表明资金正从加密货币市场流出。链上分析师斯泰西·穆尔援引CryptoQuant的数据指出，自2026年6月底以来，USDT的60天滚动供应变化一直处于负值区间。截至2026年8月10日，该数值为-36.4亿美元，而其30天移动平均值更是达到了-48亿美元。 仅在过去11天内，USDT市值就缩水了8.7亿美元。分析认为，这一指标与比特币价格呈正相关，可能反映出整体市场正在降温。穆尔表示，部分资金外流是直接的，一些投资者在比特币从2025年峰值下跌后，将稳定币兑换为法币并完全离开了加密货币市场。 另一个可能原因是资金轮动，例如Circle提供的USDC在收益率方面可能更具吸引力。但穆尔也承认，在同一60天周期内，USDC的供应量减少了22亿美元。虽然绝对值小于USDT，但考虑到其总体市值较小，其缩水比例实际上更大。 她总结说，这可能是多种因素共同作用的结果：部分资金追求更高收益，部分回流至法币，同时随着市场投机活动降温，对稳定币的整体需求正在下降。此前，CryptoQuant的分析师曾预测比特币可能跌至51000美元。

过去60天内，稳定币 $USDT 的供应量滚动变化范围约为40亿美元，这可能表明资金正在从加密市场流出。链上分析师斯特西·穆尔援引CryptoQuant的数据指出了这一点。

确实，自2026年6月底以来，这一指标一直"为负"。截至2026年8月10日，该指标为-36.4亿美元。同时，适用于这两个月数据的30天移动平均值已达到-48亿美元。

此外，在过去11天里，其市值减少了8.7亿美元。还需注意的是，该指标与比特币价格直接相关，这可能表明市场整体降温。

"这部分看起来像是直接的资金外流。一些投资者在比特币价格从2025年的峰值下跌后，将稳定币兑换为法定货币，并完全退出了加密货币市场，"穆尔指出。

另一个可能导致 $USDT 供应量减少的原因是资金轮动。例如，Circle在收益率方面提供了更多选择。

然而，正如穆尔本人所承认的，$USDC 的市值缩减得更快。

如果取同样的60天周期，Circle的稳定币供应量减少了22亿美元。与 $USDT 相比，这个数字更小，但如果以这两种资产的总市值为基础进行比较，则减少得更多。

"我认为这只是多种因素的结合。部分资金在追逐收益，部分资金回流到法定货币，而随着投机活动的降温，对稳定币的需求也下降了，"她总结道。

早些时候，CryptoQuant的专家曾预测比特币可能跌至51,000美元。

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Related Questions

Q根据文章，USDT的市值在过去两个月内减少了多少？

A根据文章，在过去60天里，USDT的市值（或供应量）减少了大约40亿美元。

Q文章中提到资本流出加密货币市场可能的原因有哪些？

A文章提到资本流出可能有两个主要原因：一是投资者将稳定币兑换成法币并完全退出加密货币市场；二是资本在不同稳定币之间轮动，寻求更高的收益，例如流向Circle的USDC。

Q文章中提到的30日移动平均值显示的USDT供应量变化是多少？

A文章中提到的30日移动平均数据显示，USDT供应量的变化达到了负48亿美元。

QUSDT供应量的变化与比特币价格有何关系？

A文章指出，USDT供应量的变化与比特币价格呈正相关，这可能表明整个加密货币市场正在降温。

Q与USDT相比，同期USDC的市值（供应量）变化情况如何？

A在相同的60天周期内，Circle的稳定币USDC的供应量减少了22亿美元。虽然绝对值小于USDT的减少额，但考虑到两者总市值的不同，USDC的相对减少幅度更大。

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