📉 Retail Activity in
is Declining
One way to track retail interest in BTC is by analyzing Spent Volume from wallets holding less than 0.1 BTC: 🔍
📊 Peak (Nov 2024): $20.6M spent per hour
📉 Now: $10.7M spent per hour (-48%)
This sharp decline signals lower retail participation compared to past market peaks. Are retail buyers sitting out, or is this the calm before the storm? 🚀