Retail traders are missing from the latest market cycle, after capitulating from $BTC, ETH, as well as the meme token “trenches.” Analysts are now watching for a point where retail traders may re-enter the market.

Crypto retail traders are almost gone from the market, based on deposit activity on Binance. As Cryptopolitan reported, recent $BTC trading is an arena of whale plays, where miners and other large holders transfer their funds to the exchange.

Based on the analysis of Darkfrost on Cryptoquant, retail inflows are near an all-time low. Inflows of under 1 $BTC, indicating retail engagement, are near an all-time low. As $BTC hovers around $60,000 with lowered sentiment, retail no longer expects significant returns or dramatic…