The Bitcoin BTC Transfer Value in the Range of 1000 to 10000 Has Decreased by 30 Since May

CryptoQuant author Axel Adler Jr posted on X that the total transfer volume of BTC valued between $1,000 and $10,000 has recently decreased. Transfers within the range of $1,000 to $10,000 are considered relatively small, thus reflecting the activity level of retail investors in the market. The volume of Bitcoin transfers by retail investors reached its peak in May, but has since dropped significantly by 30%. Even when Bitcoin surged to over $70,000 a few weeks ago, the downward trend of this indicator continues, suggesting that this rebound may not be sustained.