Bitcoin’s retail demand remains flat – Here’s how it can affect BTC’s bull run!
The post Bitcoin’s retail demand remains flat – Here’s how it can affect BTC’s bull run! appeared on BitcoinEthereumNews.com.
Exchange outflows climbed as reserves dropped Large transactions have been dominant, but retail volume and address activity appeared weak Bitcoin [BTC]’s 30-day percentage change in small investor activity has stayed flat, despite strong upward price momentum on the charts. This divergence may be a sign that institutions or whales are leading the rally. Historically, sustained bull markets have relied on broader participation, with retail investors fueling mid-to-late cycle accelerations. Without this layer of demand, the prevailing momentum may lack the depth required for long-term expansion. Despite the price remaining elevated above $100k. Source: CryptoQuant Valuation metrics hint at overextension Spot exchange flows on 28 May reflected strong outflows of $721.44 million against inflows of $616.51 million. Additionally, exchange reserves dropped by 0.96%, with the same sitting at $266.49 billion at press time. This suggested that investors have been withdrawing BTC from exchanges, often a precursor to long-term holding or institutional custody. Such a pattern has historically preceded strong price trends, as reduced liquid supply can tighten order books. Source: Coinglass In fact, valuation indicators seemed to clearly show early signs of cooling, despite Bitcoin’s strong price trajectory. The NVT Golden Cross—used to assess price against on-chain transaction volume—dropped by 26.06% to 1.075. Meanwhile, the Puell Multiple, which evaluates miner revenue against historical norms, fell by 11.22% to 1.297. These findings implied that the price growth may be outpacing both network value and miner-based valuation anchors. Retail presence fades as network activity drops, whales take control Despite the hike in price, Bitcoin’s network growth has stalled somewhat. Over the past 7 days, new addresses declined by 5.93%, active addresses fell by 6.46%, and zero balance addresses dropped by 9.79%. These metrics reflected falling onboarding and transactional activity. In a robust bull run, these numbers typically surge, indicating heightened demand and speculative…
