Retail investors seem to be holding tight. Daily Bitcoin deposits from small wallets—those holding less than 1 BTC—to a major centralized exchange have plummeted to around 400 BTC in 2025. That's the lowest figure we've seen on record.

What does this mean? Fewer coins moving from retail holders could signal two things: either small investors are choosing to HODL through market uncertainty, or they're simply stepping back from active trading. Either way, the flow of Bitcoin from everyday users into exchange wallets has dried up significantly.

This trend might reflect shifting sentiment among retail participants. With macro uncertainty and volatile price action, many smaller holders appear to be staying put rather than rushing to sell or trade. It's a stark contrast to previous bull runs when retail deposits would surge as FOMO kicked in.

Keep an eye on this metric—it's a quiet but telling indicator of market psychology and liquidity dynamics.