@darcymond
PANews reported on November 3rd that, according to CryptoQuant analyst Darkfost, retail investor activity with less than 0.1 BTC has significantly decreased in this cycle. Data shows that since the beginning of 2023, the 90-day moving average of daily retail inflows into Binance has plummeted from 552 BTC to the current 92 BTC, a drop of more than five times. This trend has been further exacerbated after the launch of spot ETFs in January 2024.