eToro seeing more funded accounts but crypto volume tanked 62% in October. Average deposit per trade also dropped.
Classic bear market behavior—people opening accounts but sitting on hands. Either waiting for confirmation or getting wrecked slowly.
Volume compression + lower avg deposits = retail capitulation phase or smart money waiting for the next leg. Watch for the flip.
Classic bear market behavior—people opening accounts but sitting on hands. Either waiting for confirmation or getting wrecked slowly.
Volume compression + lower avg deposits = retail capitulation phase or smart money waiting for the next leg. Watch for the flip.