Deep Tide TechFlow News, October 23, according to TheBlock, analysts from CryptoQuant state that retail investor activity in Bitcoin has increased in October, growing by about 13% over the past 30 days. This trend coincides with rising interest from institutional investors, reflecting an increase in market demand for Bitcoin.

The on-chain activity of retail investors is nearing historical highs from March 2024, while the total amount of Bitcoin in wallets holding less than 1 Bitcoin has increased from 1.734 million BTC in mid-March to 1.752 million BTC.

Additionally, on-chain transaction volume below $10,000 also indicates the activity of small investors. Meanwhile, although the inflow of Bitcoin ETFs once boosted market confidence, recent price fluctuations still need attention.