Analyst: Retail BTC Inflows to Binance Hit All-Time Low, Averaging Just 314 Coins per Month
Analyst Darkfost posted on X platform, stating that the average monthly BTC deposits into Binance by retail investors (referring to addresses holding less than 1 BTC) have fallen to an all-time low, currently at just 314 BTC. This metric stood at around 1,800 BTC during the bear market phase of the current cycle and approximately 1,200 BTC during the first peak in March 2024. In comparison, the peak retail inflow in 2018 reached 5,400 BTC, and in 2021 it was 2,600 BTC. In January 2024, this figure was still around 1,000 BTC, representing a decline of more than threefold within two years. Darkfost noted that retail participation continues to decline, with some investors potentially exiting the market or shifting to indirect holdings such as spot BTC ETFs.
