Bitcoin Retail Investor Volume Has Seen A Significant Drop Recently

On-chain data suggests the Bitcoin retail investors are losing interest in the asset as their volume has seen a sharp plunge during the last month.

Recent on-chain data indicates a sharp decline in Bitcoin retail investor activity, with a significant drop in small transaction volume.

A new post on X by CryptoQuant community analyst Maartunn highlights a recent flip in the Retail Investor Demand, which measures the demand for network usage by retail investors.

In the realm of cryptocurrency, retail investors are defined as the smallest entities on the network, typically making transactions below $10,000. Hence, the transaction volume in this range is attributed to these investors.

The Retail Investor Demand indicator uses the 30-day change in this volume to gauge retail demand. Here's a chart shared by the analyst, showcasing the metric's trend over several years:

According to the chart, during the bull rally in late 2024, the Bitcoin Retail Investor Demand surged to high positive levels, indicating the rally's ability to capture the attention of the masses, leading to a large number of small transactions on the network.

This pattern is not surprising, as sharp price action tends to excite investors, making them more active than usual. However, the scale of the spike was remarkable this time, with the metric reaching a peak value of 31.7%.

Following this high, as the cryptocurrency's downtrend began, the retail investor volume slowed its ascent, and the 30-day change quickly dipped into negative territory.

This decline in shrimp volume has accelerated in 202s25, with the Retail Investor Demand now at a low of -21.7%. This value signifies a 21.7% decrease in the group's transaction activity over the last 30 days.

The drop is the largest the metric has seen since mid-2021. While a decrease in retail investor interest may raise concerns, it's worth noting that a similar negative spike in 2021 coincided with a bottom in the BTC price.

In other news, Ethereum, the second-largest cryptocurrency by market capitalization, has seen a high volume of exchange outflows over the past week, according to data from market intelligence platform IntoTheBlock.

In total, centralized exchanges have seen a net outflow of $1.42 billion in Ethereum over the past week, indicating a phase of accumulation by investors.

BTC Price今朝は一時期9万1000ドル台まで下落しましたが、その後は持ち直して現在は9万3800ドル付近で取引されています。