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暴跌期間四大CEX累計成交量差值顯示，美國市場或為主要拋售源頭

2026-11-15 11:26 (UTC+8)

Odaily星球日報訊 Anchorage Digital 研究主管 David Lawant 於 X 貼出了 Binance、Upbit、Coinbase、OKX 等四家交易所的比特幣現貨交易對累計成交量差值（CVD）。

對比結果顯示，從 11 月 9 日開始，Coinbase 的 CVD 就一路向下，且幾乎沒有出現持續性反彈，同期其他三家 CEX 波動並不明顯，這意味著 Coinbase 可能是 BTC 本輪下跌重要的賣壓來源。

David Lawant 就此表示：「比特幣本輪的拋售壓力主要來自美國。」

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