{"id":32786,"date":"2025-06-20T06:02:06","date_gmt":"2025-06-20T06:02:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32786"},"modified":"2025-06-20T06:02:06","modified_gmt":"2025-06-20T06:02:06","slug":"bitcoin-at-100k-shows-institutional-dominance-not-retail-fomo","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32786","title":{"rendered":"Bitcoin at $100K Shows Institutional Dominance, Not Retail FOMO\u00a0"},"content":{"rendered":"<div>\n<p>Bitcoin network activity shows a decline in transactions but a rise in settlement volume, \u201cpointing to increased usage by large entities,\u201d reported Glassnode on June 19.<\/p>\n<p>It added that a \u201cclear divergence\u201d has emerged between market valuation and network activity, indicating that large institutions are becoming more dominant in network activity.<\/p>\n<p>Daily Bitcoin transactions have dropped from peaks of over 730,000 to around 320,000 to 500,000 in 2025. This has been primarily due to a sharp decrease in non-monetary transactions such as Inscriptions and Runes, it noted.<\/p>\n<p>Since the start of 2025, non-monetary activity has \u201cdeclined significantly, heavily contributing to the recent contraction in overall network throughput.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Despite <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Bitcoin<\/a>\u2019s elevated price, a clear divergence has emerged between market valuation and network activity. In this report, we explore activity across both on and off-chain markets, and examine how network metrics have changed this cycle.<\/p>\n<p>Discover more in the latest Week\u2026 <a href=\"https:\/\/t.co\/vLhL7sllKK\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/vLhL7sllKK<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1935743559564394832?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">June 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Transaction Size Matters<\/h2>\n<p>One of the key findings from the analysts was a change in transaction size.\u00a0The economic volume settled on the network has remained historically elevated, with a yearly average of $7.5 billion settled per day, it noted.<\/p>\n<p>However, the average transaction size has grown to around $36,000, indicating larger entities are increasingly dominating network usage. Additionally, transactions over $100,000 now account for 89% of network volume, up from 66% in 2022.<\/p>\n<blockquote>\n<p>\u201cThis trend implies that larger entities continue to utilize the Bitcoin network, with the throughput per transaction rising even as overall activity by count declines.\u201d<\/p>\n<\/blockquote>\n<p>Glassnode also reported that transaction fees have dropped, creating a historical divergence. Typically, bull markets near all-time highs see fee spikes due to network congestion, but current fee pressure remains subdued despite elevated prices.<\/p>\n<p>This combination of low transaction count and a heightened volume throughput suggests \u201clarge entities\u201d are becoming increasingly dominant for on-chain activity, it stated before concluding:<\/p>\n<blockquote>\n<p>\u201cThis shift highlights the maturation of the derivative complex around digital assets, and a move toward more stable risk management practices.\u201d<\/p>\n<\/blockquote>\n<h2>Retail Losing Confidence<\/h2>\n<p>Meanwhile, Santiment <a href=\"https:\/\/x.com\/santimentfeed\/status\/1935810125656191139\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">reported<\/a> that \u201celite\u201d wallet and \u201cmortal\u201d wallet activity are also diverging.<\/p>\n<blockquote>\n<p>\u201cWhen large wallets accumulate as retail loses confidence, this is historically the right combination for bullish momentum to inevitably return to crypto markets,\u201d analysts noted.<\/p>\n<\/blockquote>\n<p>Additionally, traders are showing signs of \u201cimpatience and bearish sentiment,\u201d it <a href=\"https:\/\/x.com\/santimentfeed\/status\/1935569993942397148\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">noted<\/a> in a separate post, adding that markets \u201chistorically move in the opposite direction of retail\u2019s expectations.\u201d<\/p>\n<p>Meanwhile, the Bitcoin Fear and Greed Index, which measures market sentiment, has returned to neutral as the asset continues to trade sideways.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Bitcoin Fear and Greed Index is 54 \u2013 Neutral<br \/>\nCurrent price: $104,276 <a href=\"https:\/\/t.co\/jhjlSn0s3A\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/jhjlSn0s3A<\/a><\/p>\n<p>\u2014 Bitcoin Fear and Greed Index (@BitcoinFear) <a href=\"https:\/\/twitter.com\/BitcoinFear\/status\/1935925626327773660?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">June 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-at-100k-shows-institutional-dominance-not-retail-fomo\/\" rel=\"nofollow\">Bitcoin at $100K Shows Institutional Dominance, Not Retail FOMO\u00a0<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin network activity shows a decline in transactions but a rise in settlement volume, \u201cpointing to increased usage by large entities,\u201d reported Glassnode on June 19. It added that a \u201cclear divergence\u201d has emerged between market valuation and network activity, indicating that large institutions are becoming more dominant in network activity. Daily Bitcoin transactions have [&hellip;]<\/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-32786","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\/32786","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=32786"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32786\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}