Quick Take In investing and trading, retail investors are often perceived as the “dumb money,” while institutional investors are seen as the “smart money.” Historically, this perception has been evident in Bitcoin cycles. For example, during the 2017 cycle, retail investors, represented by “shrimps” (holding less than 1 BTC) and “crabs” (holding 1-10 BTC), were […]
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Retail Bitcoin cohorts evolve from ‘dumb money’ to ‘smart money’