As BTC steps down from its ATH, retail interest follows suit.
Since the $111K ATH on May 22, BTC is down ~7%, now trading near $104K.
Meanwhile:
🔸 Retail transfer volume (0–10K USD) $423M → $408M decline
🔸 30D Retail Demand Change +5pts → -0.11pts
💡 Conclusion:
This drop shows how emotionally reactive short-term investors are to even small corrections. A healthy bull run requires consistent retail demand & volume growth.
And for now, institutions may be fueling the rally — but retail is clearly stepping back.
Written by burakkesmeci