According to CryptoQuant CEO Ki Young Ju, retail investors have largely exited, while institutional 'whales' are aggressively accumulating
Bitcoin. The retail retreat
On-chain metrics indicate that retail participation is currently at a neutral level compared to historical averages. This shows that the broader public has not yet entered a phase of high 'FOMO' or speculative hype. Much of this retail capital has reportedly rotated out of crypto and back into traditional assets like stocks, gold, and silver. The latter has been enjoying a truly remarkable rally, outshining all major cryptocurrencies and attracting speculative fervor.
