Quote from: pawel7777 on July 18, 2025, 09:44:43 PM

Anyhow, does anybody know what's the best way to check what's the retail investors' participation in the Bitcoin (or crypto in general) market?
I've seen crypto commentators and crypto news outlets commenting on retail participation being much lower than before but I don't have a clue how to check it at source.

Do major exchanges publish their detailed trading data anywhere, or is monitoring addresses with low balances the best proxy? If the latter, what would be the best range (e.g. addresses with more than 0.0001 but less than 0.01?) and does anyone knows a free website that publishes such info? I don't fancy paying for Premium account on Glassnode.

I think it would be important if we first understand who retailers are and their vision.
Retail investors could be those users who buys little amount of Bitcoins probably fractions (Satoshi) and holds for a short term goals. They don't tend to Invest on Bitcoin for a hedge of values like the instituional investors or companies do.

Likely, there are also Bitcoin or crypto users who are not investors. They are either not holding against inflation neither to make profits but literally using Bitcoin on their every day transactions payment purposes. They are either not traders too.

So looking at this, no exchange can detect who are retailers or whatsoever of investors because they don't know the reason of users owning Bitcoins.