<ul data-eligibleForWebStory="false"><li>On-chain data shows a recent decrease in Bitcoin retail investors, indicated by the drop in the Total Amount of Holders metric.</li><li>The decline in retail holders potentially selling off has coincided with Bitcoin's surge to a new all-time high (ATH) above $113,000.</li><li>Historically, declines in retail investor numbers before a bullish breakout in Bitcoin have been observed, indicating a contrarian move.</li><li>The trend suggests that when retail investors exhibit fear or impatience, it often attracts smart money accumulation, leading to bullish price action.</li></ul>

Bitcoin Hit ATH Right After Retail Gave Up—Classic Contrarian Move?

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