Analysis: Retail on-chain activity has recovered after a 4-month slump, with demand increasing by about 13% in the past 30 days

Odaily News CryptoQuant contributor caueconomy wrote: "In the past 30 days, retail demand has increased by about 13%. It is worth noting that in the past 4 months, the activity of these small investors has declined, while whale players have maintained a large number of transactions and holdings. Bitcoin's recent rise is prompting retail investors to return to trading, marking the beginning of a pattern of declining risk aversion. On-chain transaction volume of up to $10,000 is a way to track the activity of small investors and reflects the market sentiment of non-institutional participants. This activity pattern is more sensitive to market sentiment and news than fundamentals, but it can serve as a source of information on the flow of funds on the network."