
需要了解的:
- 总体累积趋势得分已下降至0.26,连续数日保持在0.5以下,显示出广泛的分布趋势。
- 随着市场动能降温,持有超过10,000 BTC至不足1 BTC的比特币钱包已由积累转为分配。
加密行业的市场情绪可能迅速变化。
根据 Glassnode 数据,所有比特币(BTC)钱包群体目前均处于某种形式的抛售状态。按钱包群体划分的积累趋势得分(ATS)有助于衡量不同实体规模之间积累或抛售的相对强度。
该指标通过同时考虑实体规模和过去 15 天内获得的比特币数量,评估了累积强度。
- 分数越接近1,表示积累越多。
- 接近 0 的分数表示分布。
交易所、矿工及某些其他实体被排除在计算之外。
目前,从持有超过10,000枚比特币的大型持有者到持有少于1枚比特币的小型钱包,所有群体似乎均处于抛售阶段。这与一周多前形成鲜明对比,当时所有群体都处于积累模式,比特币一度达到超过124,000美元的新历史高点。
当前的分发阶段反映了获利了结。历史上,比特币在创下新高后往往会出现短暂回调。综合积累趋势评分已显示为0.26,且在过去几天内一直保持在0.5以下。
比特币自四月至七月连续四个月录得上涨。然而,八月通常表现为交易活动较为平淡且成交量减少。事实上,过去三个八月均出现了两位数百分比的回调。
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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
需要了解的:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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Cathie Wood 旗下的 ARK Invest 申请了两只与 CoinDesk 20 相关的加密货币指数 ETF

一只拟议中的基金将尝试完全复制 CoinDesk 20 指数,而另一只基金则将追踪该指数,但排除比特币。
What to know:
- 方舟投资(ARK Invest)已向美国监管机构提交申请,拟推出两只跟踪CoinDesk 20指数的加密货币交易所交易基金(ETF)。
- 一项提议中的基金将跟踪 CoinDesk 20 指数,该指数涵盖主要代币,包括比特币、以太坊、索拉纳、XRP 和卡尔达诺。另一只基金将跟踪相同的指数,但通过做多指数期货并做空比特币期货来排除比特币。
- 如果获批,这些基金将列于纽约证券交易所 Arca,旨在提供多元化的加密货币敞口而无需直接持有代币,并且遵循 WisdomTree 和 ProShares 尚未获批的类似加密货币指数 ETF 提案。











