Currencies38148
Market Cap$ 2.23T-1.89%
24h Spot Volume$ 28.67B+73.9%
DominanceBTC56.10%-0.51%ETH9.57%-0.32%
ETH Gas0.12 Gwei
Cryptorank
/

Bitcoin Retail Participation Just Hit an All-Time Low


Bitcoin Retail Participation Just Hit an All-Time Low

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • Retail Bitcoin inflows on Binance hit a record low of 314 BTC, down from 2600 BTC in 2021.
  • Retail investors are increasingly shifting to spot Bitcoin ETFs instead of holding BTC directly.
  • High cost of living and elevated rates have eliminated discretionary capital for retail investors.

Retail Bitcoin inflows to Binance have just reached their lowest level ever recorded. The monthly average now stands at 314 BTC, a figure that puts the current market cycle in stark historical context.

During the 2021 bull market, that same average was at 2,600 BTC. During the 2018 cycle, it hit 5,400 BTC. Even during the bear market of this current cycle, the average was still around 1,800 BTC. In January 2024, it was approximately 1,000 BTC. In two years, it has declined by more than three times.

CryptoQuant analyst Darkfost, who flagged the data, said retail investor activity h…

Read The Full Article Bitcoin Retail Participation Just Hit an All-Time Low On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 62.69K

-2.30%

$ 0.0986

-2.45%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 62.69K

-2.30%

$ 0.0986

-2.45%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Michael Saylor’s Strategy added $467 million in cash, made no changes to bitcoin holdings

Michael Saylor’s Strategy added $467 million in cash, made no changes to bitcoin holdings

The company raised the fresh cash via sales of common stock; its USD Reserve now stan...
Fidelity Says Bitcoin May Be in Accumulation Zone 

Fidelity Says Bitcoin May Be in Accumulation Zone 

Bitcoin is sitting at what Fidelity’s director of global macro, Jurrien Timmer, descr...