Total BTC transfers between $1,000 and $10,000 have fallen 30% since May
CrypoQuant author Axel Adler Jr posted on X that total BTC transfers between $1,000 and $10,000 have fallen recently.
Transfers between $1,000 and $10,000 are considered relatively small, so their trading volume reflects the level of activity of retail investors in the market.
Retail-scale Bitcoin transfers peaked in May and have since fallen sharply by 30%. Even when Bitcoin rose back above $70,000 a few weeks ago, the downward trend of this indicator continued, which may mean that this rebound will not last.
