Binance Retail Bitcoin Inflows Hit Record Low, CryptoQuant Says

Retail Bitcoin deposits to Binance have fallen to their lowest level since the exchange was launched, according to CryptoQuant analyst Darkfost.

Specifically, data cited by Darkfost shows that transfers from wallets holding less than 1 BTC now average about 329 BTC per day. This represents a steep decline from the 2021 bull market peak, when daily inflows reached approximately 2,690 BTC, worth around $161.7 million at the time.

The sharp drop highlights a continued weakening in traditional retail participation during the current cycle. According to Darkfost, smaller investors appear to be engaging less in direct exchange activity, with some shifting toward alternative assets, others gaining exposure through Bitcoin exchange-traded funds, and a portion opting to hold their Bitcoin for longer periods instead.

Source: CryptoQuant