{"id":45003,"date":"2024-05-10T16:12:33","date_gmt":"2024-05-10T12:46:49","guid":{"rendered":"https:\/\/bitpin.ir\/academy\/?p=45003"},"modified":"2024-06-01T20:46:52","modified_gmt":"2024-06-01T16:16:52","slug":"glassnode-onchain-analysis-week-19-2024","status":"publish","type":"post","link":"https:\/\/bitpin.ir\/academy\/glassnode-onchain-analysis-week-19-2024\/","title":{"rendered":"\u0647\u0641\u062a\u0647\u200c\u0646\u0627\u0645\u0647 \u062a\u062d\u0644\u06cc\u0644 \u0622\u0646\u0686\u06cc\u0646 \u06af\u0644\u0633\u0646\u0648\u062f \u2013 \u0647\u0641\u062a\u0647 19 \u0633\u0627\u0644 2024\u061b \u0639\u0645\u0644\u06a9\u0631\u062f \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0648 \u0627\u062a\u0631\u06cc\u0648\u0645"},"content":{"rendered":"<p style=\"text-align: right;\"><span style=\"font-weight: 400;\">\u062a\u0627 \u0628\u0647 \u0627\u06cc\u0646\u062c\u0627\u06cc \u0686\u0631\u062e\u0647 \u06f2\u06f4-\u06f2\u06f0\u06f2\u06f3\u060c 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href=\"https:\/\/bitpin.ir\/coin\/BTC\/\">\u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/a> \u062a\u0627 \u0633\u0637\u062d \u06f5\u06f7 \u0647\u0632\u0627\u0631 \u062f\u0644\u0627\u0631 \u0634\u062f. \u0628\u0627 \u0627\u06cc\u0646\u06a9\u0647 \u0642\u06cc\u0645\u062a BTC \u0641\u0648\u0631\u0627\u064b \u0628\u0647 \u0633\u0637\u0648\u062d \u0642\u0628\u0644\u06cc \u062e\u0648\u062f \u0628\u0631\u06af\u0634\u062a \u0648\u0644\u06cc \u0628\u0632\u0631\u06af\u062a\u0631\u06cc\u0646 <a href=\"https:\/\/bitpin.ir\/academy\/what-is-pullback\/\">\u067e\u0648\u0644\u0628\u06a9<\/a> \u0627\u0632 \u0632\u0645\u0627\u0646 \u06a9\u0641 FTX \u0631\u0627 \u0628\u0647 \u062b\u0628\u062a \u0631\u0633\u0627\u0646\u062f.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u0627\u062a\u0631\u06cc\u0648\u0645 \u0647\u0645 \u0639\u0645\u0644\u06a9\u0631\u062f \u0645\u0634\u0627\u0628\u0647\u06cc \u0631\u0627 \u0627\u0632 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id=\"%d8%b9%d9%85%d9%84%da%a9%d8%b1%d8%af-%d9%82%db%8c%d9%85%d8%aa-%d8%a8%db%8c%d8%aa-%da%a9%d9%88%db%8c%d9%86-%d9%88-%d8%a7%d8%aa%d8%b1%db%8c%d9%88%d9%85\"><\/span><span style=\"font-weight: 400;\">\u0639\u0645\u0644\u06a9\u0631\u062f \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0648 \u0627\u062a\u0631\u06cc\u0648\u0645<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u0631\u0648\u06cc\u062f\u0627\u062f\u0647\u0627\u06cc \u0647\u0627\u0648\u06cc\u0646\u06af \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0647\u0645\u0648\u0627\u0631\u0647 \u06cc\u06a9\u06cc \u0627\u0632 \u0628\u0632\u0631\u06af\u062a\u0631\u06cc\u0646 \u0627\u062a\u0641\u0627\u0642\u0627\u062a\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0628\u0631\u0627\u06cc \u0627\u06cc\u0646 \u0631\u0645\u0632\u0627\u0631\u0632 \u0645\u06cc\u0641\u062a\u062f\u060c \u0627\u062a\u0641\u0627\u0642\u06cc \u06a9\u0647 \u062f\u0631 \u0631\u0648\u0632\u0647\u0627 \u0648 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\u0631\u0634\u062f<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>(\u0622\u0628\u06cc) \u062f\u0648\u0631\u0647 \u0633\u0648\u0645:<\/strong> \u06f0.\u06f4\u066a \u0631\u0634\u062f<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>(\u0633\u0628\u0632) \u062f\u0648\u0631\u0647 \u0686\u0647\u0627\u0631\u0645:<\/strong> \u06f1.\u06f5\u066a \u0631\u06cc\u0632\u0634<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>(\u0633\u06cc\u0627\u0647) \u062f\u0648\u0631\u0647 \u067e\u0646\u062c\u0645:<\/strong> \u06f0.\u06f3\u066a \u0631\u0634\u062f<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-45004 size-full\" src=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10.jpg\" alt=\"\u0639\u0645\u0644\u06a9\u0631\u062f \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0648 \u0627\u062a\u0631\u06cc\u0648\u0645\" width=\"984\" height=\"554\" srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-768x432.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-640x360.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-340x191.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-760x428.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-290x163.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-475x267.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/1-10-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">\u0646\u0645\u0648\u062f\u0627\u0631 \u0642\u06cc\u0645\u062a \u0627\u062a\u0631\u06cc\u0648\u0645 \u0647\u0645 \u0631\u0641\u062a\u0627\u0631 \u0645\u0634\u0627\u0628\u0647\u06cc \u062f\u0627\u0634\u062a\u0647 \u0627\u0633\u062a\u061b \u0628\u0647 \u0637\u0648\u0631\u06cc\u06a9\u0647 \u0642\u06cc\u0645\u062a \u0622\u0646 \u0647\u0645\u0632\u0645\u0627\u0646 \u0628\u0627 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0648 \u0634\u062f\u06cc\u062f\u062a\u0631 \u0627\u0632 \u0622\u0646 \u0631\u06cc\u0632\u0634 \u06a9\u0631\u062f \u0648 \u0628\u062f\u062a\u0631\u06cc\u0646 \u0631\u0641\u062a\u0627\u0631 \u0642\u06cc\u0645\u062a \u067e\u0633\u0627\u0647\u0627\u0648\u06cc\u0646\u06af \u0631\u0627 \u0627\u0632 \u062e\u0648\u062f \u0646\u0634\u0627\u0646 \u062f\u0627\u062f. \u0627\u06af\u0631\u0686\u0647 \u062f\u0631 \u0631\u0648\u0632\u0647\u0627\u06cc \u0628\u0639\u062f\u060c \u0642\u06cc\u0645\u062a ETH \u0631\u06cc\u06a9\u0627\u0648\u0631\u06cc \u0645\u0634\u0627\u0628\u0647\u06cc \u0631\u0627 \u062a\u062c\u0631\u0628\u0647 \u06a9\u0631\u062f \u0648 \u0639\u0645\u0644\u06a9\u0631\u062f \u06a9\u0644\u06cc \u062e\u0648\u062f \u0631\u0627 \u0645\u062b\u0628\u062a \u06a9\u0631\u062f.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>(\u0622\u0628\u06cc) \u062f\u0648\u0631\u0647 \u0633\u0648\u0645:<\/strong> \u06f1\u06f6\u066a \u0631\u0634\u062f<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>(\u0633\u0628\u0632) \u062f\u0648\u0631\u0647 \u0686\u0647\u0627\u0631\u0645:<\/strong> \u06f4\u066a \u0631\u06cc\u0632\u0634<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\"><strong>(\u0633\u06cc\u0627\u0647) \u062f\u0648\u0631\u0647 \u067e\u0646\u062c\u0645:<\/strong> \u06f1.\u06f5\u066a \u0631\u0634\u062f<\/span><\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-45005 size-full\" src=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10.jpg\" alt=\"\u0646\u0645\u0648\u062f\u0627\u0631 \u0642\u06cc\u0645\u062a \u0627\u062a\u0631\u06cc\u0648\u0645\" width=\"984\" height=\"554\" srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-768x432.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-640x360.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-340x191.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-760x428.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-290x163.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-475x267.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/2-10-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">\u0627\u0632 \u0632\u0645\u0627\u0646 \u062b\u0628\u062a \u0642\u0644\u0647 \u062a\u0627\u0631\u06cc\u062e\u06cc \u06f7\u06f3 \u0647\u0632\u0627\u0631 \u062f\u0644\u0627\u0631\u06cc\u060c \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0627\u0635\u0644\u0627\u062d\u06cc \u06f2\u06f0.\u06f3 \u062f\u0631\u0635\u062f\u06cc \u0631\u0627 \u0628\u0647 \u062b\u0628\u062a \u0631\u0633\u06cc\u062f\u0647 \u06a9\u0647 \u0627\u0632 \u0632\u0645\u0627\u0646 \u062b\u0628\u062a \u06a9\u0641 FTX \u062f\u0631 \u0646\u0648\u0627\u0645\u0628\u0631 \u06f2\u06f0\u06f2\u06f2\u060c \u0639\u0645\u06cc\u0642\u200c\u062a\u0631\u06cc\u0646 \u0627\u0635\u0644\u0627\u062d \u0646\u0645\u0648\u062f\u0627\u0631 \u0642\u06cc\u0645\u062a \u0645\u062d\u0633\u0648\u0628 \u0645\u06cc\u0634\u062f. \u0628\u0627 \u0627\u06cc\u0646 \u0648\u062c\u0648\u062f\u060c \u0631\u0648\u0646\u062f \u0635\u0639\u0648\u062f\u06cc \u06a9\u0646\u0648\u0646\u06cc \u06cc\u06a9\u06cc \u0627\u0632 \u0628\u0627\u062b\u0628\u0627\u062a\u200c\u062a\u0631\u06cc\u0646 \u0631\u0648\u0646\u062f\u0647\u0627\u06cc \u062a\u0627\u0631\u06cc\u062e \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0628\u0648\u062f\u0647 \u0648 \u0627\u0635\u0644\u0627\u062d\u0627\u062a \u0642\u06cc\u0645\u062a \u062f\u0631 \u0622\u0646 \u0628\u0633\u06cc\u0627\u0631 \u0633\u0637\u062d\u06cc \u0648 \u06a9\u0648\u0686\u06a9 \u0628\u0648\u062f\u0647\u200c\u0627\u0646\u062f.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0639\u0644\u0627\u0648\u0647 \u0628\u0631 \u0627\u06cc\u0646\u060c \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u06cc\u0645 \u0634\u0628\u0627\u0647\u062a \u0642\u0627\u0628\u0644 \u062a\u0648\u062c\u0647\u06cc \u0631\u0627 \u0628\u06cc\u0646 \u0633\u0627\u062e\u062a\u0627\u0631 \u062f\u0631\u0627\u062f\u0627\u0646 \u06a9\u0646\u0648\u0646\u06cc \u0628\u0627 \u0686\u0631\u062e\u0647 \u0635\u0639\u0648\u062f\u06cc \u06f1\u06f7-\u06f2\u06f0\u06f1\u06f5 (\u0622\u0628\u06cc) \u0645\u0634\u0627\u0647\u062f\u0647 \u06a9\u0646\u06cc\u0645. \u0644\u0627\u0632\u0645 \u0628\u0647 \u0630\u06a9\u0631 \u0627\u0633\u062a \u06a9\u0647 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0631\u0648\u0646\u062f \u0635\u0639\u0648\u062f\u06cc \u06f1\u06f7-\u06f2\u06f0\u06f1\u06f5\u060c \u06a9\u0648\u0686\u06a9 \u0648 \u062c\u0648\u0627\u0646 \u0628\u0648\u062f \u0648 \u0628\u0627\u0632\u0627\u0631\u0647\u0627\u06cc \u0645\u0634\u062a\u0642\u0627\u062a \u0647\u0646\u0648\u0632 \u062f\u0631 \u0622\u0646 \u0634\u06a9\u0644 \u0646\u06af\u0631\u0641\u062a\u0647 \u0628\u0648\u062f\u0646\u062f. \u0628\u0647 \u0647\u0645\u06cc\u0646 \u062e\u0627\u0637\u0631 \u0628\u0627\u06cc\u062f \u06af\u0641\u062a \u06a9\u0647 \u0622\u0646 \u062c\u0647\u0634 \u06a9\u0627\u0645\u0644\u0627\u064b \u0628\u0647 \u062e\u0627\u0637\u0631 \u062a\u0642\u0627\u0636\u0627 \u062f\u0631 \u0628\u0627\u0632\u0627\u0631 \u0646\u0642\u062f\u06cc \u0634\u06a9\u0644 \u06af\u0631\u0641\u062a\u0647 \u0628\u0648\u062f\u060c \u0633\u0627\u062e\u062a\u0627\u0631\u06cc \u06a9\u0647 \u062f\u0631 \u0628\u0627\u0632\u0627\u0631 \u06a9\u0646\u0648\u0646\u06cc \u0647\u0645 \u0645\u0634\u0627\u0647\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0628\u062e\u0634 \u0627\u0639\u0638\u0645\u06cc \u0627\u0632 \u0627\u0647\u0631\u0645 \u0627\u0646\u0628\u0627\u0634\u062a\u0647 \u0634\u062f\u0647 \u062f\u0631 \u0686\u0631\u062e\u0647 \u06f2\u06f2-\u06f2\u06f0\u06f2\u06f0 \u062f\u0631 \u0647\u0645\u0627\u0646 \u0633\u0627\u0644 \u06f2\u06f0\u06f2\u06f2 \u062d\u0630\u0641 \u0634\u062f \u0648 <a href=\"https:\/\/bitpin.ir\/academy\/bitcoin-etf\/\">\u0635\u0646\u062f\u0648\u0642\u200c\u0647\u0627\u06cc \u0642\u0627\u0628\u0644 \u0645\u0639\u0627\u0645\u0644\u0647 (ETF)<\/a> \u062c\u062f\u06cc\u062f \u0622\u0645\u0631\u06cc\u06a9\u0627 \u0647\u0645 \u0645\u0646\u0628\u0639 \u062c\u062f\u06cc\u062f \u0648 \u0642\u0627\u0628\u0644 \u062a\u0648\u062c\u0647\u06cc \u0627\u0632 \u062a\u0642\u0627\u0636\u0627 \u0631\u0627 \u0628\u0647 \u0628\u0627\u0632\u0627\u0631 \u0645\u0639\u0631\u0641\u06cc \u06a9\u0631\u062f\u0646\u062f.\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-45006 size-full\" src=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10.jpg\" alt=\"\u0628\u06cc\u0634\u062a\u0631\u06cc\u0646 \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\" width=\"984\" height=\"555\" srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-768x433.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-640x361.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-340x192.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-760x429.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-290x164.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-475x268.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/3-10-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">\u0628\u0631\u0627\u06cc \u0627\u062a\u0631\u06cc\u0648\u0645 \u0647\u0645 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u06cc\u0645 \u0633\u0627\u062e\u062a\u0627\u0631 \u0645\u0634\u0627\u0628\u0647\u06cc \u0631\u0627 \u0645\u0634\u0627\u0647\u062f\u0647 \u06a9\u0646\u06cc\u0645\u060c \u0627\u06af\u0631\u0686\u0647 \u0627\u0632 \u0632\u0645\u0627\u0646 \u06a9\u0641 FTX\u060c \u0627\u0635\u0644\u0627\u062d\u0627\u062a \u0622\u0646 \u0628\u0647 \u0645\u0631\u0627\u062a\u0628 \u0633\u0637\u062d\u06cc\u200c\u062a\u0631 \u0628\u0648\u062f\u0647\u200c\u0627\u0646\u062f. 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https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/4-1-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/4-1-290x163.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/4-1-475x267.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/4-1-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/4-1-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"%d9%85%d9%88%d8%b6%d8%b9%e2%80%8c%da%af%db%8c%d8%b1%db%8c-%d8%b3%d8%b1%d9%85%d8%a7%db%8c%d9%87%e2%80%8c%da%af%d8%b0%d8%a7%d8%b1%d8%a7%d9%86\"><\/span><span style=\"font-weight: 400;\">\u0645\u0648\u0636\u0639\u200c\u06af\u06cc\u0631\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">\u0628\u0631\u0627\u06cc \u0627\u06cc\u0646\u06a9\u0647 \u0628\u0647\u062a\u0631 \u0628\u062a\u0648\u0627\u0646\u06cc\u0645 \u0639\u0645\u0644\u06a9\u0631\u062f \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0648 \u0627\u062a\u0631\u06cc\u0648\u0645 \u0631\u0627 \u0628\u0627 \u0647\u0645 \u0645\u0642\u0627\u06cc\u0633\u0647 \u06a9\u0646\u06cc\u0645\u060c \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u06cc\u0645 \u0627\u0632 <strong>\u0634\u0627\u062e\u0635 \u0633\u0648\u062f\/\u0636\u0631\u0631 \u0645\u062d\u0642\u0642 \u0646\u0634\u062f\u0647 \u062e\u0627\u0644\u0635 (NUPL)<\/strong> \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u06a9\u0646\u06cc\u0645. \u0645\u0642\u0627\u06cc\u0633\u0647 NUPL\u0647\u0627 \u0628\u0647 \u0645\u0627 \u0627\u0645\u06a9\u0627\u0646 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 \u062a\u063a\u06cc\u06cc\u0631\u0627\u062a \u0633\u0648\u062f\u0622\u0648\u0631\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0648 \u0627\u062a\u0631\u06cc\u0648\u0645 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\u0628\u06cc\u0634\u062a\u0631 \u0628\u0648\u062f\u0646 \u0645\u0642\u062f\u0627\u0631 NUPL \u0627\u0632 \u0633\u0637\u062d \u06f0.\u06f5 \u06cc\u0639\u0646\u06cc \u0633\u0648\u062f \u0645\u062d\u0642\u0642 \u0646\u0634\u062f\u0647 \u062f\u0631 \u0627\u062e\u062a\u06cc\u0627\u0631 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646 \u0627\u0632 \u06f5\u06f0\u066a \u0645\u0627\u0631\u06a9\u062a \u06a9\u067e \u0622\u0646 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0641\u0631\u0627\u062a\u0631 \u0631\u0641\u062a\u0647 \u0627\u0633\u062a.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u062f\u0631 \u0645\u06cc\u0627\u0646 \u0647\u0645\u0647\u0645\u0647 \u0648 \u0647\u06cc\u062c\u0627\u0646 \u0646\u0627\u0634\u06cc \u0627\u0632 \u062a\u0623\u06cc\u06cc\u062f ETF \u0647\u0627\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u060c \u0633\u0648\u062f \u0645\u062d\u0642\u0642 \u0646\u0634\u062f\u0647 \u0647\u0648\u0644\u062f\u0631\u0647\u0627\u06cc 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srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-768x432.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-640x360.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-340x191.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-760x428.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-290x163.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-475x267.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/5-1-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">\u06af\u0631\u0648\u0647 \u0647\u0648\u0644\u062f\u0631\u0647\u0627\u06cc \u06a9\u0648\u062a\u0627\u0647 \u0645\u062f\u062a \u0634\u0627\u0645\u0644 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646\u06cc \u0627\u0633\u062a \u06a9\u0647 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u062e\u0648\u062f \u0631\u0627 \u062f\u0631 \u0628\u0627\u0632\u0647 \u06f1\u06f5\u06f5 \u0631\u0648\u0632 \u06af\u0630\u0634\u062a\u0647 \u062e\u0631\u06cc\u062f\u0627\u0631\u06cc \u06a9\u0631\u062f\u0647\u200c\u0627\u0646\u062f \u0648 \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0646\u0645\u0627\u06cc\u0646\u062f\u0647 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646 \u062c\u062f\u06cc\u062f \u0647\u0633\u062a\u0646\u062f. \u0628\u0647 \u0637\u0648\u0631 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wp-image-45010 size-full\" src=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1.jpg\" alt=\"\u0647\u0648\u0644\u062f\u0631\u0647\u0627\u06cc \u06a9\u0648\u062a\u0627\u0647 \u0645\u062f\u062a \u0627\u062a\u0631\u06cc\u0648\u0645\" width=\"984\" height=\"554\" srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-768x432.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-640x360.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-340x191.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/7-1-760x428.jpg 760w, 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https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-340x192.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-760x429.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-290x164.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-475x268.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/8-1-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0627\u06cc\u0646 \u0627\u062a\u0641\u0627\u0642 \u0627\u0645\u0627 \u0628\u0631\u0627\u06cc \u0627\u062a\u0631\u06cc\u0648\u0645 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decoding=\"async\" class=\"aligncenter wp-image-45012 size-full\" src=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1.jpg\" alt=\"\u0648\u0636\u0639\u06cc\u062a \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u0627\u0646 \u0627\u062a\u0631\u06cc\u0648\u0645\" width=\"984\" height=\"554\" srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-768x432.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-640x360.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-340x191.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/9-1-760x428.jpg 760w, 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https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-768x433.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-640x361.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-340x192.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-760x429.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-290x164.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-475x268.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/10-1-36x20.jpg 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https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-760x429.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-160x90.jpg 160w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-290x164.jpg 290w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-475x268.jpg 475w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-360x203.jpg 360w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/11-36x20.jpg 36w\" sizes=\"(max-width: 984px) 100vw, 984px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0627\u06af\u0631 \u0628\u062e\u0648\u0627\u0647\u06cc\u0645 \u062d\u062c\u0645 \u0639\u0631\u0636\u0647 \u0628\u0631\u0627\u06cc \u062b\u0628\u062a \u0633\u0648\u062f LTH \u0647\u0627 \u0631\u0627 \u0628\u0631\u0631\u0633\u06cc 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src=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12.jpg\" alt=\"\u062d\u062c\u0645 \u0645\u0635\u0631\u0641 \u0634\u062f\u0647 \u062f\u0631 \u0633\u0648\u062f \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\" width=\"984\" height=\"554\" srcset=\"https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12.jpg 984w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-300x169.jpg 300w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-768x432.jpg 768w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-640x360.jpg 640w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-340x191.jpg 340w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-460x259.jpg 460w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-112x63.jpg 112w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-760x428.jpg 760w, https:\/\/bitpin.ir\/academy\/wp-content\/uploads\/2024\/05\/12-160x90.jpg 160w, 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