After examining the Bitcoin Exchange Retail Inflow, Maartunn reported that these investors sent around $1.359 billion worth of BTC to Binance, the world’s largest cryptocurrency exchange. This massive retail capital inflow to the exchange was carried out in a single day, particularly on October 11th.
Historically, each of these spikes in retail influx has coincided with significant price movements, either upward or downward. Such development demonstrates that retail is still more reactive than proactive. Instead of anticipating the market, their flows usually follow it.
