Retail holding less than 1 BTC have been back at buying the dip this time. They really know how dirt-cheap the current price levels are.

As we continue with our seemingly eternal Crab Market right now, even after the recent price drops down to even $25k have barely changed this crabbing nature of the market. It usually seems very difficult to remain focused or interested in a market that does nothing and that in such a Bear Market where prices have been over 50% down from ATHs for over one whole year now.

But when it comes to the case of Bitcoin, we really seem to have some highly dedicated investors that entirely believe in the long-term potential. And I am not only talking about some whales that already have a ton of money, but even just the very normal Retail like us:

​

Retail (under 1 BTC) holdings Supply changes, chart by MitchellHODL

On this chart we can see the 7-day Supply Change of entities that hold below 1 BTC, this group is also often called the Retail. We can see how during the various price drops during this bear market we had many sudden increases and even astronomical ones in that Supply like during the FTX collapse, suggesting that Retail was literally always buying the dip.

This time is no different, even during such an outright boring market Retail is all ready to buy more just as prices dipped to $25k right now. It's truly admirable how even such "smaller" investors did not give up in this bear and still know when to buy the dip. True legends of the Crypto space.