Bitcoin retail investor demand rapidly falls, with a 30 day change rate turning negative

The independent directors of Metaplanet responded to the controversy surrounding the 10th series of executive stock warrants, stating that the team purchased the warrants at fair value when the company's financial situation was uncertain, which was a potentially loss making investment rather than a free grant; Merely looking at the exercise price may overlook the actual payment amount, risks involved, multi-year ownership period, and subsequent lock up and exercise restrictions. (Source: Bitcoin Treasury)

Bitcoin whales holding 100000 to 10000 BTC increased their holdings by over 41000 BTC within 10 days, reaching a six week high in holdings. (Source: Santiment)

CryptoQuant analyst Darkfost observed that the retail demand for Bitcoin since its upward trend of $65000 has subsided, with retail investors' 30 day demand shifting from 17% to -3.5%. The retail buying activity that supported Bitcoin's rise from $65000 has disappeared.

On the first day of its launch, Bitwise's spot NEAR ETF (NRR) had a managed asset size of $36 million, a net inflow of $35.5 million, and a trading volume of $15.1 million.

Crypto analyst Darkfost data shows that the demand of Bitcoin retail investors (trading volume of 0-10000 US dollars) quickly disappeared during the rise of BTC, with a 30 day change rate from over 17% to -3.5%, and retail investors quickly entered and exited the current market high.