Bitcoin Faces Short-Term Headwinds Amid Retail Exodus
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Despite heavy accumulation by Bitcoin ETFs and DATs, retail participation in Bitcoin remains muted. Data from CryptoQuant shows that ERC-20 stablecoin reserves on major exchanges dropped nearly $1.9 billion in just 30 days, signaling that many retail investors are withdrawing funds rather than positioning for immediate buys. Analysts note that this lack of buying pressure limits Bitcoin’s short-term upside potential, suggesting a cautious outlook for the coming weeks.