Analysis: The exit of retail investors and the unlocking of TRUMP are approaching, and market trading remains sluggish

According to Matrixport analysis, since the beginning of this year, the trading activity of retail investors in the cryptocurrency market has remained weak, and the overall trading volume has significantly decreased. Data shows that the daily trading volume of global spot has dropped to 775 million US dollars, and the daily trading volume of Binance has also decreased to 5 billion US dollars, hitting a new low since September 2024. This reflects the overall decline in the enthusiasm of retail investors to participate. In addition, since the launch of Meme coin TRUMP in January this year, market trading has gradually turned weak. With the unlocking of $782 million worth of TRUMP tokens next week, new supply may further intensify market selling pressure, and some holders may choose to withdraw and cash out. If there is a lack of sufficient buying demand, short-term market volatility may intensify. At present, the cryptocurrency market lacks new driving factors, and most retail investors seem to have entered the "summer break mode" ahead of schedule, resulting in a continuous decline in market attention.