【CryptoQuant: Activity of retail Bitcoin investors has rebounded in October】On October 23, according to data from CryptoQuant, the activity of retail investors slowed down from June to late September, but has started to rebound since October. The organization noted in a report released on Tuesday: "In the past 30 days, retail demand has increased by about 13%, showing a trend similar to when we approached the previous historical peak in March." The report pointed out that the increase in retail demand for Bitcoin is occurring alongside a growing interest from institutional investors. While retail investors are returning to the market, institutional investors have been steadily increasing their investments in Bitcoin this year. This contrasts sharply with the first quarter of 2024, when market demand was primarily driven by large investors. The current dynamics of retail and institutional investor demand are similar to previous Bitcoin market cycles, and the recent increase in retail activity may indicate a similar pattern of optimism re-emerging. To measure retail investor demand, CryptoQuant focuses on several key indicators. One of them tracks the total amount of Bitcoin held in wallets containing less than one Bitcoin. This total has increased from 1.734 million Bitcoins in mid-March to the current 1.752 million Bitcoins, an increase of 18,000. Another indicator is the volume of on-chain transactions below $10,000, which reflects the activity of small investors and provides a reference for the market sentiment of non-institutional investors. (The Block)