• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
okex
Nexo Logo

OKEx Insights + Catallact : Bitcoin Market Witness the Growth of Retail Participation as Institutional Investors Continue to Lead

NewsBTC by NewsBTC
1 year ago
in Company News
Reading Time: 3 mins read
Advertisement

The flagship cryptocurrency, Bitcoin continues to be the community’s favorite as its value hovers over $50000 while exhibiting strong potential for further growth. The positive sentiment surrounding BTC has increased overall community participation and attracted a lot of institutional investors.

While it was speculated that trade volumes of institutional investors would surpass their retail counterparts, recent studies have shown otherwise. The first study conducted by JPMorgan Chase using data from Square and PayPal indicated that retail investors purchased over 187,000 BTC in Q1 2021 against 172,648 BTC by institutions based on fund flows, CME Bitcoin futures positions and other official announcements.

The leading crypto exchange OKEx’s research arm, OKEx Insights in partnership with Catallact – an open analysis platform for financial data decided to verify these claims by conducting its own research. As a part of the study, they analyzed on-chain data provided by Catallact to identify the roles played by retail traders and institutions in influencing the Bitcoin bull run.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Bitcoin Wallets Helps Identify the Trend

Being a transparent ledger, Bitcoin blockchain allows users to view all transactions happening over the network. While p2p transactions are much easier to identify for analytical purposes, large on-chain transactions, mostly executed by centralized crypto exchanges, and other funds do not offer conclusive information on individual spending or buying trends.

okex

BTC addresses with small balances rose steadily in Q1 2021. Source: Catallact

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

To avoid confusion, the study does not consider wallets with a balance above 1000 BTC as those belonging to retail investors.  There was a noticeable fall in the number of such addresses during Q1 2021. Meanwhile, address with balances anywhere between 0.0001 and 0.01 BTC registered a 300% surge during the same time, signifying the entry of many retail investors during the bull-run phase.

For further verification, the researchers compared the Q4 2020’s bull market trend with that of the latest quarter which confirmed their findings. On the flip side, the number of smaller bitcoin transactions executed by retail investors was much lesser than expected. A peek into historic data shows that the prevailing trend goes back by at least three years and over the duration value in addresses with a balance over 10000 BTC has fallen by at least 500000 BTC while those holding 100-1000 BTC and 1-10 BTC increased by 1.7 million BTC and 500000 BTC respectively.

Overall, the interest in Bitcoin among retail, institutional as well as derivatives traders is at an all-time high. While the demand among crypto whales and institutional investors is subdued in comparison to retail investors, the increased use of custodian services for BTC safekeeping has increased. These developments, when taken in conjunction with a reduction in transactions on the network and increased interest in BTC derivatives have led to the conclusion that more and more individuals are purchasing BTC to hodl and they may not be spending them in foreseeable future.

Conclusion

The OKEx Insights-Catallact study has taken all these factors to account to conclude that institutional investors still command the market, while retail investors gradually gain ground. There is a good chance that retail investors will take the driving seat to guide the market in near future, but for now, institutions continue to be ahead.

Read the report here- https://www.okex.com/academy/en/bitcoin-retail-interest-outpaced-institutions-q1-2021-research-report

 

Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

ViaBTC’s Sixth-Anniversary Events Come to a Successful End, Bringing Tens of Thousands of Users to a Crypto Carnival

ViaBTC’s Sixth-Anniversary Events Come to a Successful End, Bringing Tens of Thousands of Users to a Crypto Carnival

19 hours ago
Greek Artist Sends Pro-Freedom Message with Assange NFT Drop

Greek Artist Sends Pro-Freedom Message with Assange NFT Drop

3 days ago
Cryptocurrencies With Incredibly High Market Caps

Cryptocurrencies With Incredibly High Market Caps

4 days ago
What’s Protocol Monetary Trade Policy, and Why Is it Such a Big Deal?

What’s Protocol Monetary Trade Policy, and Why Is it Such a Big Deal?

5 days ago
Web3 Wallets Realize the Frontier Exploration of On-chain Addresses

Web3 Wallets Realize the Frontier Exploration of On-chain Addresses

5 days ago
Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

Ethereum Rising Gas Fees are Still Concerning But Presents Opportunity For Decentralized Exchanges

5 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

Mehracki (MKI), Dash (DASH) and Curve DAO Token (CRV) – 3 Solid Coins to Help You Survive the Crypto Crash

July 4, 2022

GBEX: The exchange token of a “new kind”.

July 4, 2022

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future

July 4, 2022

LBank Exchange Will List DOTORI (DTR) on July 4, 2022

July 4, 2022

WorldPF (WDPF) Is Now Available for Trading on LBank Exchange

July 4, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.