The CEO of CryptoQuant, Ki Young Ju, says that major players have been eliminated from the Bitcoin futures market!
The average order size for Bitcoin futures has fallen to around $2,000 from around $6,000 earlier this year.
According to data released today, CryptoQuant's CEO, Ki Young Ju, announced that investors operating in the Bitcoin futures market are now largely composed of individual investors.
CryptoQuant CEO: Retail investors are now the main players in the Bitcoin futures market.
According to data shared by Ju, the average order size for Bitcoin futures was around $6,000 earlier this year, but has now fallen to $2,000.
This situation shows that the influence of professional and institutional investors in the market is decreasing, while the participation of small investors in the transaction volume is increasing.
According to experts, this drop in average order size signals a market preference for more cautious and short-term positions. Furthermore, increased interest from individual investors during periods of high volatility could lead to greater risk in leveraged trading.
CryptoQuant CEO, Ju, has also emphasized in his statements over the past few months that individual investors are playing an increasingly important role in determining market trends.