Analyst: Binance Retail Bitcoin Inflows Hit Historic Low, Market Accelerates Institutionalization

CoinFeed July 2 news, CryptoQuant analyst Darkfost pointed out that Binance's monthly average retail Bitcoin inflows have dropped to 329 BTC per day, the lowest level in the platform's history. During the 2021 cycle peak, the average was 2,690 BTC per day, and in 2018 it was 3,700 BTC. The analyst believes that the decline in retail participation may be due to three reasons: some retail investors choosing to invest in assets other than Bitcoin, spot Bitcoin ETFs attracting a large number of investors, or retail investors shifting to long-term holding strategies. Although Binance's spot trading volume still dominates, the potential selling pressure represented by retail inflows is far less than in previous cycles. Every top has failed to trigger a significant rebound in retail activity, indicating that this group may gradually 'disappear' from the Bitcoin market, and the market structure is evolving towards institutionalization.