80% of accounts are nearly zeroed out, fewer and fewer people are participating in the crypto space, and exchanges are starting to panic.
Insiders from a certain exchange revealed that compared to six months ago, 80% of accounts have nearly zeroed out and entered a dead account state. The number of new users spiked after Trump issued coins, reaching a peak before plummeting sharply, and now it is only 2% of the peak. In just six months, nearly 80% of retail investors have been wiped out.
This is why leading exchanges are in a hurry, with the bosses personally stepping in to stimulate the market (a desperate struggle); there are no users left, even tougher than the big A! The trading volume of the top ten stablecoins has dropped to a quarter of the levels seen during last December's bull market, reaching a seven-year low. Damn Trump, he drained the liquidity from the crypto space and burst the crypto bubble.
More and more people are leaving the crypto space, while retail investors are still hoping for a bull market; the road is distant, and it keeps getting farther.