According to CryptoQuant data, individual investor interest in Bitcoin has reached its highest level in the last four years.
This revival reflects the general wave of enthusiasm in the cryptocurrency market, driven by rising altcoin prices and increasing mainstream interest.
Key indicators, including retail investor demand and funding rates, are showing significant growth. CryptoQuant analyst JA Maartunn noted that the renewed activity is in line with overall market trends.
“With the rise of Dogecoin, high funding rates, and a surge in Google searches for Bitcoin, it’s impossible to ignore that retail trading is back in full swing,” Maartunn said.
The 30-day moving average of individual investor demand also supports this rise, indicating consistent participation from smaller investors.
The interest from retail investors is not limited to Bitcoin alone. CryptoQuant data highlights growing interest in altcoins, including memecoins, decentralized finance (DeFi) projects, and large altcoins that are ahead of the risk curve. “Our data shows retail demand targeting a mix of memecoins, DeFi projects, and large altcoins. These categories appear to be the most popular among retail participants,” the analyst added.
Bitcoin recently reached a record high above $93,500, but has since pulled back slightly. While enthusiasm in the altcoin market has led to an increase in funding rates, analysts have warned of potential volatility.
Ryze Labs analysts expressed caution about the risks posed by aggressive leverage:
Funding rates have increased, signaling a return to aggressive leverage, with many altcoin longs exposed to over 50% APY on funding. Retail interest has largely focused on memecoins, with Robinhood and Coinbase recently listing PEPE and WIF.
*This is not investment advice.