Bitcoin Inflows by Retailers on Binance Fall to Record Low as Market Participation Continues to Shift

TL;DR Bitcoin inflows from retailers on Binance have fallen to a record low, averaging 329 BTC per day. Retail participation remains far below the levels seen during the 2018 and 2021 market cycles. Spot Bitcoin ETFs and changing investor behavior may be contributing to weaker retail exchange activity. The latest data suggests institutional participation continues [...]

The post Bitcoin Inflows by Retailers on Binance Fall to Record Low as Market Participation Continues to Shift appeared first on Blockonomi.