{"id":19,"date":"2026-01-06T10:22:56","date_gmt":"2026-01-06T02:22:56","guid":{"rendered":"http:\/\/okx.biquan123.com\/blog\/?p=19"},"modified":"2026-01-06T11:23:22","modified_gmt":"2026-01-06T03:23:22","slug":"%e6%9c%ba%e6%9e%84%e4%bc%98%e5%85%88-7","status":"publish","type":"post","link":"http:\/\/okx.biquan123.com\/blog\/?p=19","title":{"rendered":"\u673a\u6784\u4f18\u5148 | #7"},"content":{"rendered":"<p><i><span dir=\"auto\">\u6211\u4eec\u6bcf\u4e24\u5468\u53d1\u5e03\u4e00\u6b21\u5bf9\u673a\u6784\u9886\u57df\u4ea4\u6613\u8005\u6765\u8bf4\u5f88\u91cd\u8981\u7684\u5e02\u573a\u6d1e\u5bdf\uff0c\u8ba9\u60a8\u968f\u65f6\u638c\u63e1\u884c\u4e1a\u6700\u65b0\u52a8\u6001\u3002<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">\u5728\u672c\u5468\u7684\u6587\u7ae0\u4e2d\uff0cOKX \u673a\u6784\u7814\u7a76\u4e3b\u7ba1\u3001\u7279\u8bb8\u91d1\u878d\u5206\u6790\u5e08 Kelvin Lam \u5c06\u6df1\u5165\u63a2\u8ba8\u5341\u6708\u5e02\u573a\u53cd\u5f39\u7684\u6f5c\u5728\u56e0\u7d20\u53ca\u5176\u5f71\u54cd\u3002\u6211\u4eec\u8fd8\u5c06\u63a2\u7d22\u6b64\u6b21\u4e0a\u6da8\u80cc\u540e\u7684\u9a71\u52a8\u529b\uff0c\u5e76\u6df1\u5165\u5206\u6790\u963b\u788d\u673a\u6784\u6295\u8d44\u8005\u8fdb\u5165\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u7684\u6f5c\u5728\u969c\u788d\u3002<\/span><\/i><\/p>\n<div class=\"index_embeddedButtonContainer__VnUpA index_custom__uZwjS\"><a class=\"academy academy-powerLink-a11y academy academy-btn btn-md btn-fill-highlight\" href=\"https:\/\/okx.typeform.com\/contact-sales?utm_source=learn&amp;utm_campaign=institutional_trading_leads&amp;utm_content=cta_article_institutional-top-of-mind-7\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"btn-content\"><span dir=\"auto\">\u901a\u8fc7\u673a\u6784\u4ea4\u6613\u4fdd\u6301\u9886\u5148<\/span><\/span><\/a><\/div>\n<h2 id=\"1\"><span dir=\"auto\">\u6700\u503c\u5f97\u5173\u6ce8\u7684\u662f\uff1a\u5341\u6708\u4efd\u7684\u5e02\u573a\u53cd\u5f39\u63ed\u793a\u4e86\u54ea\u4e9b\u5e02\u573a\u60c5\u7eea\u548c\u4ea4\u6613\u8005\u884c\u4e3a\uff1f<\/span><\/h2>\n<h3><b><span dir=\"auto\">\u5341\u6708\u4efd\u5e02\u573a\u53cd\u5f39\u7684\u4e0d\u540c\u89c6\u89d2<\/span><\/b><\/h3>\n<ul>\n<li><span dir=\"auto\">10\u6708\u4efd\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u98d9\u534728.5%\uff0c\u8fbe\u5230\u81ea2022\u5e745\u6708Terra-Luna\u5d29\u76d8\u4ee5\u6765\u7684\u6700\u9ad8\u6c34\u5e73\u3002\u636e\u5f6d\u535a\u793e*\u62a5\u9053\uff0c\u6b64\u6b21\u4e0a\u6da8\u88ab\u5e7f\u6cdb\u5f52\u56e0\u4e8e\u4eba\u4eec\u5bf9\u7f8e\u56fd\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a\uff08SEC\uff09\u53ef\u80fd\u6279\u51c6\u6bd4\u7279\u5e01\u73b0\u8d27\u4ea4\u6613\u6240\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\u7684\u9884\u671f\u65e5\u76ca\u9ad8\u6da8\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u7684\u73b0\u8d27\u4ea4\u6613\u91cf\u8f83\u524d\u51e0\u4e2a\u6708\uff08\u7b2c\u4e00\u5f20\u56fe\u8868\uff09\u663e\u8457\u589e\u957f\uff0c\u4f46\u4ecd\u4f4e\u4e8e\u4eca\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7684\u6d3b\u8dc3\u6c34\u5e73\u3002\u4e3a\u4e86\u57f9\u80b2\u4e00\u4e2a\u66f4\u5065\u5eb7\u3001\u66f4\u6709\u6d3b\u529b\u7684\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\uff0c\u9700\u8981\u8fdb\u4e00\u6b65\u63d0\u5347\u6574\u4f53\u6d3b\u8dc3\u5ea6\u3002\u901a\u8fc7\u67e5\u770b\u4e0b\u65b9\u7b2c\u4e8c\u5f20\u56fe\u8868\u4e2dOKX\u5e73\u53f0\u4e0aBTC\u73b0\u8d27\u5e02\u573a\u7684\u8ba2\u5355\u7c3f\u6df1\u5ea6\uff0c\u8fd9\u4e00\u73b0\u8c61\u663e\u800c\u6613\u89c1\u3002\u5c3d\u7ba1\u4ef7\u683c\u98d9\u5347\u4e14\u4ea4\u6613\u91cf\u589e\u52a0\uff0c\u4f46\u5e02\u573a\u6d41\u52a8\u6027\u6c34\u5e73\u5728\u6574\u4e2a\u6708\u5185\u4ecd\u7136\u505c\u6ede\u4e0d\u524d\uff0c\u8fd9\u8868\u660e\u505a\u5e02\u5546\u5c1a\u672a\u5145\u5206\u53c2\u4e0e\u4ea4\u6613\u6d3b\u52a8\u5e76\u6269\u5927\u5176\u5728\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240\u7684\u53c2\u4e0e\u5ea6\u3002<\/span><\/li>\n<\/ul>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"\u6700\u53d7\u5173\u6ce8 - 11 \u6708 6 \u65e5\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/3yjAlADwY72YgiZpNap83A\/8f3d2e444bdcb48ebe0543308c078ad0\/Daily_Exchange_Volume__7DMA_.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"\u6700\u53d7\u5173\u6ce8 - 11 \u6708 6 \u65e5\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u8d44\u6599\u6765\u6e90\uff1aThe Block<\/span><\/i><\/p>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"\u6bd4\u7279\u5e01\u5e02\u573a\u6df1\u5ea6\uff080.5%\uff09\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/1zsKpxTcPDt3xmQAzmVeZm\/d9c6a64ddbce8330d18977d1f1c754ed\/Bitcoin_Market_Depth__0.5-__1600x900.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"\u6bd4\u7279\u5e01\u5e02\u573a\u6df1\u5ea6\uff080.5%\uff09\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u8d44\u6599\u6765\u6e90\uff1aOKX<\/span><\/i><\/p>\n<p><i><span dir=\"auto\">*\u5f6d\u535a\u793e\uff0c<\/span><\/i><a class=\"academy academy-powerLink-a11y academy-powerLink\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-31\/bitcoin-s-btc-etf-momentum-is-spurring-the-biggest-monthly-gains-since-january?utm\\_source=website&amp;utm\\_medium=share&amp;utm\\_campaign=copy\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span dir=\"auto\">https:\/\/www.bloomberg.com\/news\/articles\/2023-10-31\/bitcoin-s-btc-etf-momentum-is-spurring-the-biggest-monthly-gains-since-january<\/span><\/i><\/a><i><span dir=\"auto\">\u00a0?utm\\_source=website&amp;utm\\_medium=share&amp;utm\\_campaign=copy\uff0c2023 \u5e74 11 \u6708 1 \u65e5\u3002<\/span><\/i><\/p>\n<h3><b><span dir=\"auto\">\u4ece\u884d\u751f\u54c1\u5e02\u573a\u5206\u6790\u5e02\u573a\u60c5\u7eea<\/span><\/b><\/h3>\n<ul>\n<li><span dir=\"auto\">\u901a\u8fc7\u5206\u6790\u6c38\u7eed\u5408\u7ea6\u548c\u671f\u6743\u5e02\u573a\u7684\u4ea4\u6613\u6570\u636e\uff0c\u6211\u4eec\u53d1\u73b0\u5e02\u573a\u60c5\u7eea\u5f3a\u52b2\uff0c\u5e02\u573a\u524d\u666f\u4e50\u89c2\u3002\u5728\u6c38\u7eed\u5408\u7ea6\u5e02\u573a\uff0cBTC \u672a\u5e73\u4ed3\u5408\u7ea6\u52a0\u6743\u878d\u8d44\u6210\u672c\uff08\u4e0b\u56fe\u7b2c\u4e00\u5f20\uff09\u5728 10 \u6708\u4e0b\u534a\u6708\u7a33\u6b65\u4e0a\u5347\uff0c\u5e76\u7ef4\u6301\u5728\u9ad8\u4f4d\u3002\u8fd9\u4e00\u4e0a\u5347\u8d8b\u52bf\u8868\u660e\u591a\u5934\u4ed3\u4f4d\u663e\u8457\uff0c\u8868\u660e\u5e02\u573a\u53c2\u4e0e\u8005\u7684\u4fe1\u5fc3\u6b63\u5728\u589e\u5f3a\u3002\u540c\u6837\uff0c\u671f\u6743\u5e02\u573a\u4e5f\u5448\u73b0\u51fa\u770b\u6da8\u4fe1\u53f7\u3002BTC \u671f\u6743 25 Delta \u503e\u659c\u5ea6\u5728 10 \u6708\u4e2d\u65ec\u8f6c\u4e3a\u6b63\u503c\uff08\u4e0b\u56fe\u7b2c\u4e8c\u5f20\uff09\uff0c\u8868\u660e\u671f\u6743\u4ea4\u6613\u8005\u8d8a\u6765\u8d8a\u613f\u610f\u4e3a\u770b\u6da8\u671f\u6743\u652f\u4ed8\u6bd4\u770b\u8dcc\u671f\u6743\u66f4\u9ad8\u7684\u4ef7\u683c\u3002\u603b\u4f53\u800c\u8a00\uff0c\u8fd9\u4e9b\u6570\u636e\u7a81\u663e\u4e86\u666e\u904d\u7684\u4e50\u89c2\u60c5\u7eea\u4ee5\u53ca\u5bf9\u591a\u5934\u4ed3\u4f4d\u548c\u770b\u6da8\u671f\u6743\u7684\u504f\u597d\u65e5\u76ca\u589e\u5f3a\uff0c\u8868\u660e\u5e02\u573a\u53cd\u5f39\u53ef\u80fd\u6301\u7eed\u3002<\/span><\/li>\n<\/ul>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"BTC OI\u52a0\u6743\u8d44\u91d1\u5229\u7387\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/6SzkuHj5CDQzzBz737yXbE\/a6ee53d10dcf4bfcc1079d969ad8570e\/BTC_OI-Weighted_Funding_Rate_1600x900.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"BTC OI\u52a0\u6743\u8d44\u91d1\u5229\u7387\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u8d44\u6599\u6765\u6e90\uff1aCoinglass<\/span><\/i><\/p>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"BTC\u671f\u674325 Delta\u503e\u659c\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/zEEDxC0idKihohvhbHYlq\/2c66f5479e2779aee23114fe5ff1b6ad\/BTC_Option_25_Delta_Skew.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"BTC\u671f\u674325 Delta\u503e\u659c\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u8d44\u6599\u6765\u6e90\uff1aThe Block<\/span><\/i><\/p>\n<h3><b><span dir=\"auto\">\u673a\u6784\u9a71\u52a8\u7684\u53cd\u5f39<\/span><\/b><\/h3>\n<ul>\n<li><span dir=\"auto\">\u5f53\u524d\u7684\u5e02\u573a\u53cd\u5f39\u660e\u663e\u4e3b\u8981\u7531\u673a\u6784\u4ea4\u6613\u8005\u63a8\u52a8\u3002\u829d\u52a0\u54e5\u5546\u54c1\u4ea4\u6613\u6240 (CME) \u6bd4\u7279\u5e01\u671f\u8d27\u7684\u4ea4\u6613\u6d3b\u8dc3\u5ea6\u662f\u8fd9\u4e00\u89c2\u5bdf\u7ed3\u679c\u7684\u91cd\u8981\u4f50\u8bc1\u3002\u7531\u4e8e CME \u7684\u6bd4\u7279\u5e01\u671f\u8d27\u5408\u7ea6\u5355\u4f4d\u4e3a 5 \u6bd4\u7279\u5e01\uff0c\u56e0\u6b64\u5b83\u88ab\u8ba4\u4e3a\u662f\u4f20\u7edf\u91d1\u878d\u53c2\u4e0e\u8005\u548c\u673a\u6784\u7684\u9996\u9009\u4ea4\u6613\u573a\u6240\u300210 \u6708 23 \u65e5\uff0c\u8fd9\u4e9b\u671f\u8d27\u7684\u672a\u5e73\u4ed3\u5408\u7ea6\u8fbe\u5230\u4e86 100,375 \u6bd4\u7279\u5e01\u5355\u4f4d\u7684\u5386\u53f2\u65b0\u9ad8\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u5176\u4ed6\u52a0\u5bc6\u8d27\u5e01\u539f\u751f\u4ea4\u6613\u5e73\u53f0\u7684\u672a\u5e73\u4ed3\u5408\u7ea6\u53d8\u5316\u76f8\u5bf9\u8f83\u5c0f\u3002\u8fd9\u51f8\u663e\u4e86\u8fd1\u51e0\u5468\u673a\u6784\u5982\u4f55\u901a\u8fc7\u4f20\u7edf\u91d1\u878d\u6e20\u9053\u6295\u8d44\u6bd4\u7279\u5e01\uff0c\u4ee5\u53ca\u673a\u6784\u4ea4\u6613\u8005\u5728\u63a8\u52a8\u6301\u7eed\u5e02\u573a\u53cd\u5f39\u65b9\u9762\u53d1\u6325\u7684\u91cd\u8981\u4f5c\u7528\u3002<\/span><\/li>\n<\/ul>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"CME BTC\u672a\u5e73\u4ed3\u5408\u7ea6\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/5n2Pu3ejmpsTpT7AfuUv89\/fd7e416acba8e75552023daa3ee1ec2b\/CME_BTC_Open_Interest_1600x900.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"CME BTC\u672a\u5e73\u4ed3\u5408\u7ea6\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u8d44\u6599\u6765\u6e90\uff1aCME\u3001OKX<\/span><\/i><\/p>\n<ul>\n<li><span dir=\"auto\">\u8fd9\u79cd\u7531\u673a\u6784\u6295\u8d44\u8005\u9a71\u52a8\u7684\u8d8b\u52bf\u5728\u6570\u5b57\u8d44\u4ea7\u6295\u8d44\u4ea7\u54c1\u7684\u6d41\u52a8\u4e2d\u5f97\u5230\u4e86\u8fdb\u4e00\u6b65\u4f53\u73b0\uff0c\u8fd9\u4e9b\u4ea7\u54c1\u8ffd\u8e2a\u52a0\u5bc6\u8d27\u5e01ETF\u7684\u8d44\u91d1\u6d41\u5165\u3002\u6839\u636eCoinShares**\u7684\u6570\u636e\uff0c\u6700\u65b0\u6570\u636e\u663e\u793a\uff0c\u6bd4\u7279\u5e01\u51c0\u6d41\u5165\u91cf\u521b\u4e0b\u4e00\u5e74\u534a\u4ee5\u6765\u7684\u6700\u9ad8\u7eaa\u5f55\uff0c\u8fbe\u52303.26\u4ebf\u7f8e\u5143\u3002\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u8d85\u8fc790%\u7684\u6d41\u5165\u6765\u81ea\u6bd4\u7279\u5e01\u76f8\u5173\u4ea7\u54c1\uff0c\u8fd9\u51f8\u663e\u4e86\u4ea4\u6613\u8005\u8d8a\u6765\u8d8a\u503e\u5411\u4e8e\u901a\u8fc7\u4f20\u7edf\u91d1\u878d\u5de5\u5177\u6295\u8d44\u6bd4\u7279\u5e01\u3002\u8fd9\u4e9b\u89c2\u5bdf\u7ed3\u679c\u5171\u540c\u8bc1\u5b9e\u4e86\u673a\u6784\u6295\u8d44\u8005\u5728\u6301\u7eed\u7684\u6bd4\u7279\u5e01\u5e02\u573a\u53cd\u5f39\u4e2d\u7684\u91cd\u8981\u5730\u4f4d\u548c\u5f71\u54cd\u529b\u3002<\/span><\/li>\n<\/ul>\n<p><i><span dir=\"auto\">**CoinShares\uff0c\u7b2c 155 \u5377\uff1a\u6570\u5b57\u8d44\u4ea7\u57fa\u91d1\u6d41\u52a8\u5468\u62a5\uff0c2023 \u5e74 10 \u6708 30 \u65e5\u3002<\/span><\/i><\/p>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"\u6570\u5b57\u8d44\u4ea7\u8d44\u91d1\u6d41\u5411\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/3Uc24Wjq6JwbkZFMXa1TRv\/9a5270003b10047e9f4913691011db56\/Digital_Asset_Fund_Flows___1_.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"\u6570\u5b57\u8d44\u4ea7\u8d44\u91d1\u6d41\u5411\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u6765\u6e90\uff1aCoinShares<\/span><\/i><\/p>\n<ul>\n<li><span dir=\"auto\">\u76f8\u6bd4\u4e4b\u4e0b\uff0cBTC \u7684\u94fe\u4e0a\u6d3b\u52a8\u4f3c\u4e4e\u76f8\u5bf9\u5e73\u6de1\u3002\u9644\u56fe\u5c55\u793a\u4e86\u6d3b\u8dc3\u5730\u5740\u7684\u6bcf\u65e5\u8ffd\u8e2a\u6570\u636e\uff0c\u5e76\u4f7f\u7528 14 \u5929\u6307\u6570\u79fb\u52a8\u5e73\u5747\u7ebf (EMA) \u8fdb\u884c\u4e86\u5e73\u6ed1\u5904\u7406\uff0c\u4ee5\u63d0\u4f9b\u66f4\u6e05\u6670\u7684\u65f6\u95f4\u5e8f\u5217\u3002\u901a\u5e38\uff0c\u6d3b\u8dc3\u5ea6\u9ad8\u4e14\u8d8b\u52bf\u5411\u4e0a\u8868\u660e\u4ea4\u6613\u91cf\u589e\u52a0\u3001\u65b0\u9700\u6c42\u51fa\u73b0\uff0c\u4ee5\u53ca\u901a\u8fc7\u94fe\u4e0a\u8bbf\u95ee\u5bf9\u6bd4\u7279\u5e01\u7684\u5174\u8da3\u65e5\u76ca\u6d53\u539a\u3002\u7136\u800c\uff0c\u8fd1\u671f\u94fe\u4e0a\u6d3b\u52a8\u7684\u56de\u5347\u5e45\u5ea6\u76f8\u5bf9\u6e29\u548c\uff0c\u5df2\u56de\u843d\u81f3\u4eca\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7684\u6c34\u5e73\u3002\u6b64\u5916\uff0c\u4e0e\u7b2c\u4e00\u5b63\u5ea6\u89c2\u5bdf\u5230\u7684\u5bc6\u5207\u5173\u7cfb\u4e0d\u540c\uff0c\u94fe\u4e0a\u6d3b\u52a8\u4e0e BTC \u4ef7\u683c\u4e4b\u95f4\u5b58\u5728\u660e\u663e\u7684\u8131\u8282\u3002<\/span><\/li>\n<\/ul>\n<div class=\"index_imageContainer__rfZ7y index_custom__nLneb\"><button class=\"academy academy-plain-button academy academy-image-viewer\" type=\"button\" aria-haspopup=\"dialog\" aria-label=\"\u6bd4\u7279\u5e01\u6d3b\u8dc3\u5730\u5740\"><img loading=\"lazy\" decoding=\"async\" class=\"academy-picture-contain index_img__W8PbS\" src=\"https:\/\/www.okx.com\/cdn\/assets\/plugins\/contentful\/4nqoo8goeymu\/3bxOY10d8CYYnYKdf4Qn8H\/c09e41c63e2cf9b2910aafee22d8fc35\/Bitcoin_Active_Addresses___14D-EMA___NEO_BLACK1600x900.png?x-oss-process=image\/resize,w_1600,h_900\/format,webp\" alt=\"\u6bd4\u7279\u5e01\u6d3b\u8dc3\u5730\u5740\" width=\"1600\" height=\"900\" \/><\/button><\/div>\n<p><i><span dir=\"auto\">\u6765\u6e90\uff1aGlassnode<\/span><\/i><\/p>\n<ul>\n<li><span dir=\"auto\">\u4ece\u4e0a\u6587\u53ef\u4ee5\u770b\u51fa\uff0c\u673a\u6784\u6295\u8d44\u8005\u5f3a\u70c8\u503e\u5411\u4e8e\u901a\u8fc7\u4f20\u7edf\u91d1\u878d\u6e20\u9053\u8fdb\u5165\u52a0\u5bc6\u8d27\u5e01\u9886\u57df\u3002\u8fd9\u79cd\u503e\u5411\u5728\u673a\u6784\u6295\u8d44\u8005\u4e4b\u95f4\u7684\u8ba8\u8bba\u4e2d\u663e\u800c\u6613\u89c1\uff0c\u8fd9\u4e5f\u63ed\u793a\u4e86\u52a0\u5bc6\u8d27\u5e01\u6258\u7ba1\u7684\u590d\u6742\u6027\u548c\u98ce\u9669\uff0c\u8fd9\u4e9b\u56e0\u7d20\u963b\u788d\u4e86\u673a\u6784\u6295\u8d44\u8005\u91c7\u7528\u6570\u5b57\u8d44\u4ea7\u3002<\/span><\/li>\n<\/ul>\n<h3><b><span dir=\"auto\">\u52a0\u5f3a\u673a\u6784\u7684\u52a0\u5bc6\u8d27\u5e01\u6258\u7ba1<\/span><\/b><\/h3>\n<ul>\n<li><span dir=\"auto\">\u52a0\u5bc6\u8d27\u5e01\u6258\u7ba1\u95ee\u9898\u5df2\u6210\u4e3a\u4e00\u4e2a\u5907\u53d7\u5173\u6ce8\u7684\u95ee\u9898\uff0c\u5728\u67d0\u4e9b\u60c5\u51b5\u4e0b\uff0c\u751a\u81f3\u6210\u4e3a\u673a\u6784\u6295\u8d44\u8005\u7684\u969c\u788d\uff0c\u5c24\u5176\u662f\u5728\u53bb\u5e74FTX\u7834\u4ea7\u4e8b\u4ef6\u4e4b\u540e\u3002\u7136\u800c\uff0c\u81ea\u90a3\u4ee5\u540e\uff0c\u8be5\u884c\u4e1a\u7ecf\u5386\u4e86\u5feb\u901f\u53d1\u5c55\uff0c\u5e76\u6d8c\u73b0\u51fa\u4e13\u4e3a\u6ee1\u8db3\u673a\u6784\u6295\u8d44\u8005\u8fdb\u519b\u6570\u5b57\u8d44\u4ea7\u9886\u57df\u9700\u6c42\u800c\u8bbe\u8ba1\u7684\u9ad8\u8d28\u91cf\u89e3\u51b3\u65b9\u6848\u3002\u5728OKX\uff0c\u6211\u4eec\u4e0e\u6258\u7ba1\u673a\u6784\u5408\u4f5c\uff0c\u4e3a\u673a\u6784\u5ba2\u6237\u63d0\u4f9b\u66f4\u9ad8\u7684\u900f\u660e\u5ea6\u548c\u66f4\u5f3a\u7684\u8d44\u91d1\u63a7\u5236\u529b\uff0c\u540c\u65f6\u786e\u4fdd\u6700\u4f73\u7684\u8d44\u91d1\u6548\u7387\u3001\u6210\u672c\u6548\u76ca\u548c\u5f3a\u5927\u7684\u5b89\u5168\u63aa\u65bd\u3002\u901a\u8fc7\u4e0e\u5ba2\u6237\u548c\u884c\u4e1a\u5229\u76ca\u76f8\u5173\u8005\u7d27\u5bc6\u5408\u4f5c\uff0c\u6211\u4eec\u6269\u5c55\u4e86\u6258\u7ba1\u89e3\u51b3\u65b9\u6848\uff0c\u4ee5\u66f4\u597d\u5730\u6ee1\u8db3\u673a\u6784\u6295\u8d44\u8005\u7684\u72ec\u7279\u9700\u6c42\u3002\u6b64\u5916\uff0c\u5728\u5e02\u573a\u52bf\u5934\u826f\u597d\u3001\u673a\u6784\u6295\u8d44\u8005\u5174\u8da3\u65e5\u76ca\u6d53\u539a\u7684\u65f6\u671f\uff0c\u6211\u4eec\u6301\u7eed\u63a8\u51fa\u521b\u65b0\u89e3\u51b3\u65b9\u6848\uff0c\u65e8\u5728\u7b80\u5316\u673a\u6784\u6295\u8d44\u8005\u8fdb\u5165\u52a0\u5bc6\u8d27\u5e01\u5e02\u573a\u7684\u6d41\u7a0b\u3002<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u6211\u4eec\u6bcf\u4e24\u5468\u53d1\u5e03\u4e00\u6b21\u5bf9\u673a\u6784\u9886\u57df\u4ea4\u6613\u8005\u6765\u8bf4\u5f88\u91cd\u8981\u7684\u5e02\u573a\u6d1e\u5bdf\uff0c\u8ba9\u60a8\u968f\u65f6\u638c\u63e1\u884c\u4e1a\u6700\u65b0\u52a8\u6001\u3002 \u5728\u672c\u5468\u7684\u6587\u7ae0\u4e2d\uff0cOKX \u673a&hellip; <a class=\"more-link\" href=\"http:\/\/okx.biquan123.com\/blog\/?p=19\">\u7ee7\u7eed\u9605\u8bfb<span class=\"screen-reader-text\">\u673a\u6784\u4f18\u5148 | #7<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"_links":{"self":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19"}],"version-history":[{"count":2,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/19\/revisions"}],"predecessor-version":[{"id":3099,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/19\/revisions\/3099"}],"wp:attachment":[{"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/okx.biquan123.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}