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分析师:BTC长期持有者持仓占比升至30个月新高

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2026-07-15 07:06:48
据 ChainCatcher 报道,加密市场分析师 gaah 引用 CryptoQuant 数据发文表示,BTC 长期持有者(LTH)与短期持有者(STH)持仓占比已升至 30 个月新高。该指标用于衡量比特币供应在长期持有者与短期持有者之间的分布情况。

分析指出,该指标的极端高位通常并非出现在市场狂热的顶部,而是出现在重新积累阶段。历史上,牛市顶部往往发生在该指标自高位开始回落之际,而非创出新高时。目前,在 BTC 价格较上一轮历史高点仍低约 50% 的情况下,长期持有者仍在持续吸收市场流通筹码。
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