Retail Bitcoin Transactions Fall to Only 0.6% of Total Network Volume

Decline in Retail Bitcoin Transfers: The percentage of retail Bitcoin transfers has dropped from 2.7% to 0.6% of total volume, indicating a shift towards larger institutional transactions.

High Absolute Retail Activity: Despite the decline in percentage, retail activity remains substantial at over $400 million daily, although it constitutes a small fraction of overall network volume.

Historical Patterns: This trend mirrors previous patterns observed at the end of the 2021 bull cycle, where a similar drop in retail share preceded a market correction.

Market Implications: Analysts view the declining retail presence as a potential warning sign that Bitcoin may be nearing the peak of its current bullish run, suggesting reduced confidence among retail investors.