市场对比特币区块链上大额交易的反应——规模和动机重要吗?

ERN: Other Microeconomics: General Equilibrium & Disequilibrium Models of Financial Markets (Topic) Pub Date : 2020-03-30 DOI:10.2139/ssrn.3564085

Lennart Ante, Ingo Fiedler

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引用次数: 13

摘要

市场对大额比特币交易的反应如何?我们分析了涉及至少500个比特币的2132笔交易的影响。虽然所有交易的结果都不确定，但对交易规模和基于加密货币交易所公开比特币地址的假定转移动机的进一步分析显示，根据交易类型，价格会产生重大影响。结果表明，市场对新信息中的转移性质和价格进行了识别。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Market Reaction to Large Transfers on the Bitcoin Blockchain - Do Size and Motive Matter?

Abstract How does the market react to large Bitcoin transactions? We analyze effects of 2,132 transactions involving at least 500 Bitcoins. While results for all transactions are inconclusive, further analysis of transaction size and presumed transfer motives based on publicly known Bitcoin addresses of cryptocurrency exchanges reveals significant price effects depending on the type of transaction. The results indicate that the market recognizes the nature of the transfer and prices in new information.

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ERN: Other Microeconomics: General Equilibrium & Disequilibrium Models of Financial Markets (Topic)

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