Opinion: Retail Bitcoin demand increased by 13% in the past 30 days, indicating a rebound in market risk appetite

ChainCatcher news, according to Cointelegraph citing on-chain analysis platform CryptoQuant, in the past 30 days, the number of small Bitcoin transactions (under $10,000) has increased by 13%, reflecting that retail investors are gradually returning to the market, in line with the upward trend in Bitcoin prices.

CryptoQuant analyst Cauê Oliveira pointed out: "Retail demand has increased by about 13% in the past 30 days, a phenomenon that only occurred in March this year when Bitcoin was nearing its historical high. In the past 4 months, the activity of small investors has declined, while large holders have maintained high-frequency trading and accumulation." Data shows that in the 30 days before October 20, Bitcoin prices rose nearly 10%.