Matrixport: Retail Trading Activity in the Crypto Market Remains Sluggish, with Most Retail Investors Appearing to Have Entered "Summer Vacation Mode" Early

According to a report by Jinse Finance, Matrixport's daily chart analysis indicates that retail trading activity in the crypto market has remained sluggish this year. The current spot daily trading volume has dropped to $775 million, and the average daily trading volume on a certain exchange has also shrunk to $5 billion, marking a new low since September 2024. The significant decline in trading volume reflects an overall waning enthusiasm among retail participants. Since the launch of the STRUMP meme coin in January, market trading activity has gradually cooled. With $782 million worth of TRUMP tokens set to be unlocked next week, the additional supply may further intensify selling pressure, and some holders may choose to cash out. If there is insufficient buying interest to absorb the supply, short-term volatility could increase. At present, the market lacks new catalysts, and most retail investors appear to have already entered "summer vacation mode."