Retail Demand for Bitcoin Increases by 13% in the Past 30 Days

According to Odaily, CryptoQuant contributor caueconomy reported that retail demand for Bitcoin has grown by approximately 13% over the past 30 days. This increase comes after a four-month period during which activity among small investors had declined, while larger investors, or 'whales,' continued to engage in significant trading and accumulation. The recent rise in Bitcoin's price is encouraging retail investors to return to the market, indicating a shift towards a lower risk aversion sentiment. Transactions up to $10,000 on the blockchain are used to track the activity of these small investors, reflecting the market sentiment of non-institutional participants. This pattern of activity is more sensitive to market sentiment and news rather than fundamental factors, but it can serve as a source of information on the flow of funds within the network.