加密货币交易者经常追踪币圈巨鲸们的动向，以判断短期市场趋势。 智通财经8月26日讯（编辑 潇湘）近来，越来越多的币圈投资者，可能已经注意到了一个有意思的现象——全球最大加密货币比特币正持续高位震荡乃至走 软，然而第二大加密货币以太币则明显要走势更强…… 不少分析师认为，这一走势上的分歧，似乎与大型持有者将持仓从比特币转向以太币有关。 而在上周，一个沉寂七年并突然苏醒的"比特币巨鲸"，显然也加入到了这一币圈内部"乾坤大挪移"的阵营之中。 据悉，上周这位钱包市值规模超过110亿美元的"比特币巨鲸"出售了价值25.9亿美元(约合185亿人民币)的22,769枚比特币，将资金转换为472920枚现货以太 币(价值22亿美元)，并在去中心化交易所Hyperliquid上建仓了价值5.77亿美元的以太坊永续合约多头头寸。 | Hash | Method | Age 2 | From Y | To | Amount | Token | Price | | --- | --- | --- | --- | --- | --- | --- | --- | | 0x615a6b2a ... | Close Long | 19 mi ...

智通财经APP获悉，比特币资产如今正逐渐展现出成熟的迹象，其剧烈波动也逐渐平息，这迫使投机性 交易者开始寻找新的投资领域。该全球最大的加密货币的表现越来越像蓝筹股，华尔街的长期投资者纷 纷涌入。其年化波动率已从十多年前接近 200%的高位降至如今几乎难以想象的 38%。据Bytetree Asset Management称，其波动率如今已与星巴克(SBUX.US)或高盛(GS.US)等公司相当。 那些追逐价格波动的投资者们如今转而投向了竞争对手以太坊这一第二大虚拟货币。本月有好几个交易 日，以太币ETF 成交量持平甚至超过了比特币的成交量，这都是在一波企业采购热潮之后出现的情 况。 截至 8 月，投资者已向以太坊ETF投入了 25 亿美元，而比特币相关产品的资金则出现了 13 亿美元的净 流出。 一些交易员目前正准备迎接行情反转。B2 风投公司的Arthur Azizov预计以太坊将在 3900 美元至 4400 美元之间盘整，但他警告称，如果杠杆押注开始平仓，以太坊可能会跌至 3000 美元以下。上周五，以 太坊的交易价格为 4280 美元。 贝莱德以太坊ETF于 4 月才推出，但其现有的期权持仓规模已达 ...

Group 1 - The regulatory framework for stablecoins is becoming clearer, with the Hong Kong Legislative Council passing the Stablecoin Bill, effective from August 1, establishing a licensing system and 1:1 high liquidity asset reserves as core components [2][3] - Cathay Financial International has received approval from the Hong Kong Securities and Futures Commission to upgrade its existing securities trading license to provide virtual asset trading services, allowing direct trading of Bitcoin and stablecoins on its platform [2][3] - The global issuance scale of stablecoins has exceeded $235 billion as of May 2025, indicating significant market growth [2] Group 2 - Several public fund subsidiaries in Hong Kong are actively preparing for the stablecoin ecosystem, participating in sandbox projects led by the Hong Kong government, including stablecoin issuance, payment, asset integration, and fund subscription and redemption [3][4] - Huaxia Fund (Hong Kong) has been involved in multiple sandbox projects and is collaborating with major financial institutions to test end-to-end processes for tokenized fund transactions and cash management solutions [3][4] - The introduction of stablecoin applications in fund management could lead to a noticeable increase in fund management scale, as stated by Huaxia Fund's digital asset management head [4] Group 3 - In April 2024, six virtual asset spot ETFs were officially listed in the Hong Kong market, with major fund companies like Bosera Fund and Huaxia Fund launching Bitcoin and Ethereum ETFs that allow direct investment in these cryptocurrencies [5][6] - Huaxia Fund (Hong Kong) has been proactive in the digital asset space, launching Asia's first spot crypto asset ETFs and a tokenized currency fund, aiming to expand its tokenized fund product series [6][7] - Fund companies are rapidly building teams to capture talent in the virtual asset sector, with job postings for product managers requiring experience in virtual assets, fintech, and blockchain [7] Group 4 - Huaxia Fund (Hong Kong) has established a digital asset department to manage the lifecycle of virtual asset products and is focused on integrating traditional financial products with virtual assets and stablecoins [7] - The company plans to continue launching more tokenized fund products and explore the use of digital currencies for settlement to enhance transaction efficiency in the digital financial ecosystem in Hong Kong [7]