PANews reported on November 1st that CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has entered an era dominated by institutions. The share of retail trading volume ($0-1000) has declined from 1.8% in 2021 to the current 0.48%, indicating a growing dominance of large institutions in total trading volume. As of October 2025, retail trading volume is expected to stabilize at an average of $108 million per day, significantly lower than the historical peak of $150 million to $132 million, potentially indicating a shift in market structure and a reduction in speculative activity by smaller participants. Trading volume in the $0-1000 range is 700,000 transactions per day, close to the historical average, but the average transaction size is lower than in previous periods, confirming a more conservative view of the retail market. Over the past four years, retail trading volume has decreased nearly fourfold, indicating a shift in market control to large institutions and a diminished influence of smaller speculators on overall market dynamics. Currently, daily trading volume is stable at around $108 million, representing a new benchmark for retail investors in mature, institutionalized markets. In this market, the speculative enthusiasm of small investors is gradually being replaced by more balanced accumulation strategies.PANews reported on November 1st that CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has entered an era dominated by institutions. The share of retail trading volume ($0-1000) has declined from 1.8% in 2021 to the current 0.48%, indicating a growing dominance of large institutions in total trading volume. As of October 2025, retail trading volume is expected to stabilize at an average of $108 million per day, significantly lower than the historical peak of $150 million to $132 million, potentially indicating a shift in market structure and a reduction in speculative activity by smaller participants. Trading volume in the $0-1000 range is 700,000 transactions per day, close to the historical average, but the average transaction size is lower than in previous periods, confirming a more conservative view of the retail market. Over the past four years, retail trading volume has decreased nearly fourfold, indicating a shift in market control to large institutions and a diminished influence of smaller speculators on overall market dynamics. Currently, daily trading volume is stable at around $108 million, representing a new benchmark for retail investors in mature, institutionalized markets. In this market, the speculative enthusiasm of small investors is gradually being replaced by more balanced accumulation strategies.