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Retail Leaves Bitcoin: Shrimp Volume Crashed 21.7% In Past Month

  • On-chain data suggests a significant drop in Bitcoin retail investor volume in the past month.
  • The Retail Investor Demand indicator, tracking the activity of small transactions valued under $10,000, has declined by 21.7%.
  • The decrease in retail investor volume began after a peak of 31.7% and is the largest drop since mid-2021.
  • Despite the decline, the cooldown in interest from retail investors may not be entirely negative for Bitcoin.

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