📉 Retail activity in the Bitcoin network is weakening.

🖥 The demand from small market participants has noticeably decreased: their transactions of up to $10,000 now account for only 0.6% of all transfers in the network, down from 2.7% at the peak.

💵 In monetary terms, this is over $400 million daily, but such a share is insignificant for the Bitcoin ecosystem.

💭 Analysts remind us that a similar phenomenon occurred at the end of the last growth cycle in 2021.

🗣️ At that time, the decrease in retail activity became one of the indicators of market overheating.