Retail Investors Reduce Bitcoin, Ethereum and XRP Holdings Under Market Pressure
Blockchain data shows retail cryptocurrency holders have reduced positions in Bitcoin, Ethereum and XRP over recent weeks. Short-term investors transferred approximately 65,200 BTC to exchanges at unrealized losses within 24 hours, representing close to $6 billion in value. Wallet balances for smaller holders declined between 0.36% and 1.38% across the three assets, according to Santiment analytics.