Retail outside – then who is the one who feeds the next mania stage for Bitcoin?

Retail investors often remain on the margin in the current Bitcoin market, indicating limited trading activity and reducing participation. The investor behavior can look completely different from that previous.

As such, the next big batch may not come in the encryption market where most of them expect.

Not retail, here he enters instead

In a conversation tweetJulio Moreno, head of research at Cryptoquant, stated that the next wave of encryption obsession may not be led by retailers but by small or emerging companies and money trying to repeat the Michael Saylor Bitcoin accumulation strategy.

Moreno asked whether these entities are psychologically ready to retain the extreme volatility, indicating the challenge of maintaining condemnation within a possible 90 % decrease in their shares or value.

Many non -carboto companies jumped on the vehicle and increasingly darken Bitcoin as a strategic reserve origin, in an attempt to simulate the prominent returns of the strategy. Among them, the Japanese Metaplanet has emerged as a major player with its first strategy in Bitcoin, currently 7800 BTC, according to Data They were assembled by Bitcoin Treasury.

Meanwhile, Boya Interactive has accumulated on the Hong Kong list so far 2410 BTC, while the US -based Semler Scientific, added 3,808 BTC to its public budget after the playing book in the strategy.

The conviction of a long -term holder is still strong

like Cryptopotato It was previously reported that retail sharing in Bitcoin is significantly absent despite recent prices. The data on the series shows that the exchange of Netloows remains negative, indicating that BTC leaves the trading platforms steadily. The Taker’s purchase/sale/sale rate has decreased 1.0, which indicates more to continue the aggressive sale, which is likely to reduce the retailers of exposure.

On the other hand, their long -term holders (LTHS) Show A strong condemnation, with an activity of spending now at its lowest level since September 2024. According to Cryptoquant Axel Adler JR. , This group of BTC 300000 BTC holders have accumulated over the past twenty days – an encouraging sign and a possible export indicator of the Crypto Asset series.