{"id":28866,"date":"2025-05-27T18:17:29","date_gmt":"2025-05-27T18:17:29","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28866"},"modified":"2025-05-27T18:17:29","modified_gmt":"2025-05-27T18:17:29","slug":"retail-is-out-so-whos-fueling-bitcoins-next-mania-phase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28866","title":{"rendered":"Retail Is Out \u2013 So Who\u2019s Fueling Bitcoin\u2019s Next Mania Phase?"},"content":{"rendered":"
\n

Retail investors remain mostly on the sidelines in the current Bitcoin market, showing limited trading activity and reduced participation. Investor behavior this cycle could look very different from previous ones.<\/p>\n

As such, the next big push in the crypto market might not come from where most expect.<\/p>\n

Not Retail, Here\u2019s Whose Stepping In Instead<\/h2>\n

In a recent tweet<\/a>, Julio Moreno, head of research at CryptoQuant, stated that the next wave of crypto mania may not be driven by retail investors but by small or emerging companies and funds attempting to replicate Michael Saylor\u2019s Bitcoin accumulation strategy.<\/p>\n

Moreno questioned whether these entities are psychologically prepared to hold through extreme volatility, while noting the challenge of maintaining conviction during a potential 90% drawdown in their stock or fund value.<\/p>\n

Several non-crypto firms have jumped on the bandwagon and are increasingly adopting Bitcoin as a strategic reserve asset, in a bid to emulate Strategy\u2019s high-profile returns. Among them, Japan\u2019s Metaplanet has emerged<\/a> as a key player with its Bitcoin-first strategy and currently holds 7,800 BTC, according to data<\/a> compiled by Bitcoin Treasuries.<\/p>\n

Meanwhile, Hong Kong-listed Boyaa Interactive has so far accumulated 2,410 BTC, while US-based medical diagnostics company Semler Scientific has added 3,808 BTC to its balance sheet following Strategy\u2019s playbook.<\/p>\n

Long-Term Holder Conviction Remains Strong<\/h2>\n

As CryptoPotato<\/em> previously reported<\/a>, retail participation in Bitcoin appears notably absent despite recent price gains. On-chain data shows exchange netflows remain negative, suggesting BTC is steadily leaving trading platforms. The Taker Buy\/Sell Ratio has fallen below 1.0, which is further indicative of continued aggressive selling, likely from retail investors reducing exposure.<\/p>\n

On the other hand, long-term holders (LTHs) are showing<\/a> strong conviction, with spending activity now at its lowest since September 2024. According to CryptoQuant analyst Axel Adler Jr., this cohort of BTC holders has accumulated 300,000 BTC over the past 20 days \u2013 an encouraging sign of confidence and a potentially bullish indicator for the crypto asset\u2019s price trajectory.<\/p>\n

The post Retail Is Out \u2013 So Who\u2019s Fueling Bitcoin\u2019s Next Mania Phase?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Retail investors remain mostly on the sidelines in the current Bitcoin market, showing limited trading activity and reduced participation. Investor behavior this cycle could look very different from previous ones. As such, the next big push in the crypto market might not come from where most expect. Not Retail, Here\u2019s Whose Stepping In Instead In […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28866","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28866"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28866\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}