Retail Bitcoin Investors’ Demand Nears Two-Year High, Signaling Risk of Another Downturn

BlockBeats News, August 19th, according to crypto analyst Darkfost, the current Bitcoin spot and perpetual futures demand (30-day sum) has reached a new all-time high of 10,883 BTC, marking the best performance so far this year.

Furthermore, the demand from Bitcoin retail investors (0-1 million USD trading volume) has seen a significant increase in the past 30 days, approaching the highest level of the past two years. In response to this, Darkfost believes that small investors, lacking patience, tend to react to minor price fluctuations, which may indicate a potential local top risk for BTC.