Retail investors are showing limited activity in the current Bitcoin market, with the next phase of crypto mania likely to be driven by small or emerging companies and funds adopting Bitcoin accumulation strategies.
Non-crypto firms such as Japan's Metaplanet, Hong Kong-listed Boyaa Interactive, and US-based Semler Scientific are increasingly using Bitcoin as a strategic reserve asset following high-profile examples like Michael Saylor's.
Retail participation in Bitcoin remains low, as indicated by negative exchange netflows and aggressive selling, while long-term holders continue to show strong conviction with significant accumulation of BTC in the past 20 days.
CryptoPotato reports on the shift away from retail investors towards companies and funds in driving the next wave of Bitcoin market activity, with a focus on long-term holder conviction amidst limited retail participation.