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Retail activity dominates Bitcoin, overshadowing institutional moves Retail activity dominates Bitcoin, overshadowing institutional moves

Retail activity dominates Bitcoin, overshadowing institutional moves

with insights from Glassnode

Retail investors' excitement has been fueling Bitcoin's growth in the past month, outpacing institutional transactions.

Retail activity dominates Bitcoin, overshadowing institutional moves

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

When analyzing the Bitcoin market, on-chain data reveals unique insights into the behavior of different market participants. Large entities, typically institutional investors, make decisions based on thorough analysis and long-term outlooks. In contrast, small entities or retail investors, driven more by short-term gains and market sentiment, create smaller transaction volumes. Recently, the activity levels of these retail investors have surged. On May 18, median transaction volumes for small entities hit a notable peak in activity, suggesting heightened market enthusiasm. However, there was an unexpected development in late May that...